Sanlam Maroc: results as at 31 March 2024

Sanlam Maroc's turnover for the first quarter of 2024 amounted to 2.147 billion MAD (212.4 million USD), down by 2.1% over one year.

Non-life premiums increased by 1% to 1.946 billion MAD (192.5 million USD). At 201 million MAD (19.9 million USD), life premiums declined by 24.5%.

During the reporting period, investments allocated to insurance operations and net technical reserves stood at 16.369 billion MAD (1.6 billion USD) and 15.954 billion MAD (1.5 billion USD) respectively.