Morocco 2013
Evolution of life and non life premiums1 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|---|
Non life | 1 816 022 | 1 823 010 | 1 888 180 | 2 040 986 | 2 250 385 |
Life | 858 003 | 798 008 | 900 728 | 1 049 561 | 1 067 002 |
Total | 2 674 025 | 2 621 018 | 2 788 908 | 3 090 547 | 3 317 387 |
Evolution of life and non life incurred losses and benefits 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|---|
Non life | 1 198 804 | 1 143 340 | 1 163 516 | 1 213 612 | 1 342 975 |
Life | 505 578 | 606 398 | 694 930 | 696 111 | 787 331 |
Total | 1 704 382 | 1 749 738 | 1 858 446 | 1 909 723 | 2 130 306 |
Evolution of premiums, incurred losses and benefits: 2009-2013
in millions USD![](../../sites/default/files/images/AtlasMagazine_2015-03_No119/en/stats1_1.png)
Turnover’ evolution per class of business: 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | 2013 shares | |
---|---|---|---|---|---|---|
Non life insurance | ||||||
Bodily injury (1) | 335 047 | 326 753 | 326 769 | 349 238 | 380 807 | 11.5% |
Workmen’s compensation | 233 819 | 226 994 | 228 456 | 242 170 | 265 602 | 8% |
Motor | 841 249 | 847 893 | 879 053 | 952 402 | 1 054 405 | 31.8% |
General third party liability | 54 183 | 54 906 | 57 251 | 56 639 | 63 224 | 1.9% |
Fire and natural catastrophes | 120 281 | 123 736 | 124 038 | 145 290 | 155 783 | 4.7% |
Technical risks | 33 790 | 36 476 | 39 627 | 40 098 | 46 794 | 1.4% |
Marine | 88 330 | 84 636 | 85 206 | 78 072 | 72 891 | 2.2% |
Others | 20 968 | 22 744 | 47 342 | 62 433 | 75 286 | 2.3% |
Assistance, credit, bond | 81 204 | 83 797 | 89 139 | 99 813 | 120 231 | 3.6% |
Acceptances | 7 151 | 15 075 | 11 299 | 14 831 | 15 362 | 0.4% |
Total Non life | 1 816 022 | 1 823 010 | 1 888 180 | 2 040 986 | 2 250 385 | 67.8% |
Life insurance | ||||||
Ordinary life insurance | 574 203 | 515 653 | 539 959 | 664 564 | 644 313 | 19.4% |
Group life insurance | 168 985 | 183 580 | 201 599 | 240 674 | 246 666 | 7.5% |
Industrial life assurance | 0 | 0 | 23 | 29 | 2 | - |
Capitalisation | 61 398 | 56 080 | 112 868 | 110 844 | 156 068 | 4.7% |
Variable life assurance | 43 776 | 34 475 | 38 529 | 25 993 | 18 948 | 0.6% |
Acceptances | 9 641 | 8 220 | 7 750 | 7 457 | 1 005 | - |
Total life | 858 003 | 798 008 | 900 728 | 1 049 561 | 1 067 002 | 32.2% |
Grand total | 2 674 025 | 2 621 018 | 2 788 908 | 3 090 547 | 3 317 387 | 100% |
Turnover’s breakdown per class of business in 2013
![](../../sites/default/files/images/AtlasMagazine_2015-03_No119/en/stats2_1.png)
(2) includes ordinary, group and industrial life assurance, capitalisation and variable life assurance
Evolution of technical result per life and non life insurance: 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | ||
---|---|---|---|---|---|---|
Non life insurance | ||||||
Bodily injury (1) | 40 971 | 18 072 | 5 788 | - 14 015 | - 20 624 | |
Workmen’s compensation | 102 828 | 109 795 | 46 265 | 4 277 | 55 468 | |
Motor | 247 338 | 440 333 | 333 495 | 248 326 | 363 772 | |
General third party liability | 20 286 | 25 277 | 24 298 | 14 770 | 21 991 | |
Fire and natural catastrophes | 12 121 | 25 404 | 22 507 | 30 428 | 45 941 | |
Technical risks | 4 840 | -1 022 | 11 270 | 5 200 | -13 564 | |
Marine | 25 838 | 25 344 | 23 660 | 19 448 | 587 | |
Others | 12 041 | 9 844 | 13 300 | 1 186 | 4 607 | |
Assistance and credit | 12 858 | 11 355 | 11 425 | 15 264 | 15 007 | |
Total non life | 479 121 | 664 402 | 492 008 | 324 885 | 473 186 | |
Life insurance | ||||||
Ordinary life insurance | -8 603 | 10 099 | 41 778 | 47 215 | 18 323 | |
Group life insurance | 32 354 | 41 462 | 31 931 | 39 126 | 86 265 | |
Others | - | -24 | - | -21 | -4 226 | |
Total life | 23 751 | 51 538 | 73 709 | 86 319 | 100 362 | |
Grand total | 502 872 | 715 940 | 565 717 | 411 204 | 573 548 |
Evolution of incurred losses per non life insurance: 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | 2013 shares | |
---|---|---|---|---|---|---|
Non life insurance | ||||||
Bodily injury (1) | 225 946 | 247 500 | 251 171 | 270 169 | 302 090 | 14.2% |
Workmen’s compensation | 159 365 | 128 157 | 186 716 | 181 368 | 194 131 | 9.1% |
Motor | 617 352 | 549 247 | 546 804 | 577 483 | 616 515 | 29% |
General third party liability | 45 395 | 20 933 | 11 936 | 16 384 | 13 251 | 0.6% |
Fire and natural catastrophes | 47 179 | 69 148 | 57 755 | 40 729 | 34 959 | 1.6% |
Technical risks | 28 942 | 31 360 | 6 310 | 6 564 | 40 487 | 1.9% |
Marine | 31 277 | 39 907 | 29 630 | 37 857 | 32 268 | 1.5% |
Others | 6 256 | 11 990 | 25 697 | 30 000 | 39 302 | 1.8% |
Assistance and credit | 37 092 | 45 098 | 47 497 | 53 059 | 69 972 | 3.3% |
Total non life | 1 198 804 | 1 143 340 | 1 163 516 | 1 213 612 | 1 342 975 | 63% |
Life insurance | ||||||
Ordinary life insurance | 280 024 | 361 071 | 452 849 | 24 814 | 431 078 | 20.2% |
Group life insurance | 225 554 | 245 305 | 242 081 | 271 277 | 275 707 | 13% |
Others | - | 22 | - | 20 | 80 546 | 3.8% |
Total life | 505 578 | 606 398 | 694 930 | 696 111 | 787 331 | 37% |
Grand total | 1 704 382 | 1 749 738 | 1 858 446 | 1 909 723 | 2 130 306 | 100% |
Evolution of non life loss ratios: 2009-2013
2009 | 2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|---|
Bodily injury (1) | 67.3% | 75.5% | 70.1% | 77.1% | 79.4% |
Workmen’s compensation | 68.2% | 56.4% | 74.8% | 75.3% | 73.2% |
Motor | 74.7% | 66.7% | 56.3% | 60.7% | 59.7% |
General third party liability | 86.7% | 39% | 20.3% | 29.2% | 21.2% |
Fire and natural catastrophes | 39.6% | 56.4% | 40.0% | 28.2% | 22.8% |
Technical risks | 91.8% | 98.5% | 17.1% | 18.1% | 103.2% |
Marine | 34.5% | 46.9% | 43.5% | 48.5% | 44.6% |
Other operations | 27.9% | 37.8% | 36.2% | 48.2% | 52% |
Assistance and credit | 46.5% | 54.3% | 43.1% | 53.4% | 59.7% |
Total Non life | 66.9% | 64% | 56.2% | 60.1% | 61.1% |
Evolution of turnover per life and non life company: 2009-2013
in thousands USD2009 | 2010 | 2011 | 2012 | 2013 | 2012/2013 evolution | 2013 shares | |
---|---|---|---|---|---|---|---|
Wafa Assurance | 548 867 | 514 055 | 616 306 | 680 149 | 712 003 | 4.7% | 21.5% |
RMA Watanya | 537 119 | 524 798 | 511 070 | 603 805 | 598 973 | -0.8% | 18.1% |
Axa Assurance Maroc | 390 915 | 390 911 | 382 130 | 413 465 | 452 618 | 9.5% | 13.6% |
Saham Assurance | 361 391 | 356 338 | 354 595 | 383 222 | 434 526 | 13.4% | 13.1% |
Sanad | 152 410 | 145 941 | 150 977 | 170 819 | 181 395 | 6.2% | 5.5% |
Atlanta | 144 518 | 142 502 | 141 348 | 158 114 | 178 541 | 12.9% | 5.4% |
MCMA | 96 196 | 89 597 | 136 084 | 146 454 | 177 883 | 21.5% | 5.4% |
Zurich | 104 816 | 109 453 | 122 568 | 128 299 | 137 119 | 6.9% | 4.1% |
Marocaine vie | 108 941 | 110 112 | 117 957 | 128 322 | 125 455 | -2.2% | 3.8% |
MAMDA | 42 013 | 48 627 | 64 768 | 74 676 | 89 990 | 20.5% | 2.7% |
CAT | 80 196 | 79 363 | 77 292 | 78 024 | 80 497 | 3.2% | 2.4% |
Maroc Assistance | 35 169 | 37 591 | 38 051 | 42 390 | 48 569 | 14.6% | 1.5% |
Isaaf Mondiale Assistance | 36 203 | 35 649 | 36 031 | 35 301 | 36 929 | 4.6% | 1.1% |
MATU | 26 025 | 25 859 | 25 118 | 25 422 | 27 461 | 8.0% | 0.8% |
Wafa Ima Assistance | - | - | 770 | 7 730 | 13 228 | 71.1% | 0.4% |
Euler Hermes ACMAR | 6 194 | 6 639 | 9 606 | 8 727 | 11 230 | 28.7% | 0.3% |
Axa Assistance Maroc | 3 052 | 3 583 | 4 237 | 5 628 | 10 970 | 94.9% | 0.3% |
Grand total | 2 674 025 | 2 621 018 | 2 788 908 | 3 090 547 | 3 317 387 | 7.3% | 100% |
Exchange rate MAD/USD as at 31/12 | 2009 | 2010 | 2011 | 2012 | 2013 |
0.1277 | 0.11983 | 0.11672 | 0.11874 | 0.12409 |
![](/sites/default/files/images/AtlasMagazine_2015-03_No119/images/Morocco.png)
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