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The Supervisory Authority of Insurance and Social Welfare (ACAPS) has released data on the Moroccan insurance market for the first nine months of 2025.
Insurance and reinsurance companies (excluding exclusive reinsurers) reported a turnover of 48.3 billion MAD (5.3 billion USD) for the first three quarters of the year, marking a 7.2% increase compared to the same period in 2024.
The non-life sector remains the dominant force in the market, with premiums totaling 27.3 billion MAD (3 billion USD), up 7.5% year-on-year. Meanwhile, life insurance premiums rose by 6.9%, reaching 21 billion MAD (2.3 billion USD).
