Wafa Assurance: H1 2023 results

Wafa Assurance has ended the first half of 2023 with a 10.8% increase in its consolidated turnover. The latter went up from 5.894 billion MAD (572.5 million USD) as at 30 June 2022 to 6.533 billion MAD (650.9 million USD) one year later.

The consolidated technical reserves have grown by 2% to 46.1 billion MAD (4.6 billion USD) as at 30 June 2023. At that same date, the consolidated financial investments amounted to 50.2 billion MAD (5 billion USD), representing a 1.6% improvement over the same period in 2022.