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Statistics from the Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS), indicate that the Moroccan market's turnover reached 32.4 billion MAD (3.2 billion USD) as at 30 June 2024, up by 4.4% over one year.
Non-life premiums progressed by 4.1% to 18.7 billion MAD (1.8 billion USD), representing a market share of 57.7%.
Life underwriting stood at 13.7 billion MAD (1.4 billion USD), representing a 4.7% increase over the same period in 2023. It accounts for 42.3% of the total portfolio.
