Morocco 2011

Magazine Issue:

Magazine date:

Jun 2012

Written premiums in 2011

in thousands USD

	2011 written premiums	2010 written premiums	2010/11 growth	2011 shares
Non life insurance
Bodily injury, health	326 766	326 748	-	11.72%
Workmen’s compensation	228 458	226 998	0.64%	8.19%
Motor	879 049	847 896	3.67%	31.52%
General third party liability	57 250	54 908	4.26%	2.05%
Fire	124 036	123 740	0.23%	4.45%
Engineering	39 621	36 480	8.6%	1.42%
Marine	85 210	84 632	0.68%	3.05%
Assistance, credit, bond	89 134	83 799	6.36%	3.2%
Other operations	47 341	22 743	108.15%	1.69%
Total non life	1 876 865	1 807 944	3.81%	67.29%
Life insurance and capitalisation
Personal line insurance	539 958	542 279	-0.42%	19.36%
Group insurance	201 599	213 029	-5.36%	7.23%
Life insurance	18	-	-	-
Capitalisation*	112 874	-	-	4.05%
Life variable insurance	38 532	34 479	11.75%	1.38%
Total life	892 981	789 787	13.06%	32.02%
Total life and non life	2 769 846	2 597 731	6.62%	99.31%
Reinsurance acceptances	19 048	23 288	-18.2%	0.69%
Grand total	2 788 894	2 621 019	6.4%	100%

* For 2010, capitalisation is included in personal line and group insurance

¹ Including workmen’s compensation ² Including engineering and reinsurance acceptances ³ Including assistance and bond insurance

2011 ranking per company and per class of business

in thousands USD

	Accident¹	Motor	Fire	Marine	Others²	Life³	Total	Shares
Wafa Assurance	97 625	133 001	18 968	13 515	23 038	330 140	616 287	22.1%
RMA Watanya	119 237	129 444	20 302	14 863	24 024	203 197	511 067	18.33%
Axa Assu Maroc	102 789	127 509	30 683	16 040	20 401	84 711	382 133	13.7%
Cnia Saada Ass	94 774	160 068	12 073	16 125	24 106	47 451	354 597	12.71%
Sanad	34 238	71 063	15 005	9 352	11 329	9 993	150 980	5.41%
Atlanta	50 016	49 914	11 899	8 991	8 157	12 373	141 350	5.07%
MCMA	5 240	28 176	4 064	297	8 231	90 070	136 078	4.88%
Zurich	33 279	53 607	8 682	6 027	17 795	3 179	122 569	4.39%
Marocaine vie	6 092	-	-	-	-	111 867	117 959	4.23%
CAT	-	77 291	-	-	-	-	77 291	2.77%
MAMDA	11 934	23 862	2 360	-	26 617	-	64 773	2.32%
Maroc Assistance	-	-	-	-	38 054	-	38 054	1.37%
Isaaf Mondiale Assistance	-	-	-	-	36 036	-	36 036	1.29%
MATU	-	25 115	-	-	-	-	25 115	0.9%
Euler Hermes ACMAR	-	-	-	-	9 603	-	9 603	0.35%
Axa Assistance Maroc	-	-	-	-	4 236	-	4 236	0.15%
Wafa Ima Assistance	-	-	-	-	766	-	766	0.03%
Total	555 224	879 050	124 036	85 210	252 393	892 981	2 788 894	100%

¹ Including health and workmen’s compensation ² Including general third party liability, engineering, assistance, credit, bond, and reinsurance acceptances ³ Including capitalisation

Exchange rate MAD/USD as at 31/12	2010	2011
Exchange rate MAD/USD as at 31/12	0.11983	0.11672