AtlantaSanad: 2024 half-year results

AtlantaSanad posted a turnover of 3.096 billion MAD (305.3 million USD) for the six months to 30 June 2024, up by 0.3% over one year.

Non-life premiums amounted to 2.427 billion MAD (239.3 million USD), marking a 2.1% decrease year-on-year.

This decline was due to the exceptional level of new business underwritten in 2023 in technical risks.

Life insurance underwriting progressed by 10.3% to 669 million MAD (66 million USD). This growth is mainly attributable to increased sales of savings products.