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The turnover generated by all Moroccan insurers and reinsurers (excluding exclusive reinsurers) reached 59.7 billion MAD (5.8 billion USD) at end-December 2024, up 5.3% year-on-year.
Premiums written by the non-life business, amounting to 32.5 billion MAD (3.1 billion USD), rose by 5.5% compared with the same period of 2023, representing a 54% market share.
In 2024, the life segment recorded written premiums of 27.2 billion MAD (2.7 billion USD), reflecting a 5.1% growth over one year. This business accounted for 45.6% of the total portfolio in 2024.
