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AtlantaSanad closed the 2023 year with a turover of 5.112 billion MAD (508.1 million USD), down 5.4% in one year.
The non-life premiums decreased by 8.6% in comparison with the end of 2022 to reach 3.82 billion MAD (379.7 million USD).
Life insurance ended the past year with a 5.6% increase in underwritings which amounted to 1.292 billion MAD (128.4 million USD).
The decline in the company's turnover is accounted for by the portfolio clean-up and risk selection policy.
Read also | Moroccan insurance market: 2023 turnover
