Wafa Assurance: results at end-June 2025

Wafa Assurance has published its consolidated business indicators for the first half of the current financial year.

The company's turnover reached 7.882 billion MAD (871.8 million USD) as at 30 June 2025, up 10.3% year-on-year.

Non-life premiums amounted to 4.027 billion MAD (445.4 million USD) against 3.855 billion MAD (426.4 million USD) for the life insurance segment.

Technical and financial liabilities (IFRS) totaled 51 billion MAD (5.6 billion USD), rising by 7.5% compared to the end of 2024.

Consolidated investments increased by 9.8% to 66 billion MAD (7.3 billion USD) from 60 billion MAD (5.8 billion USD) at end-December 2024.