Société Centrale de Réassurance (SCR): 2022 results

Société Centrale de Réassurance (SCR) has published its key business indicators for the financial year ending 31 December 2022. Its turnover reached 3.441 billion MAD (329.68 million USD), showing a 31.6% increase compared to the 2.615 billion MAD (279.81 million USD) recorded in 2021.

The net result was down by 9.3% over a year to stand at 281.96 million MAD (27.01 million USD).

The company's shareholders' equity totaled 2.732 billion MAD (261.7 million USD), against the 2.664 billion MAD (285.05 million USD) posted at the end of 2021, representing a 2.6% progression. As for the return on equity (ROE), it amounted to 10.32%.