Magazine date:
Jun 2009 In 2008, SCR posted a written premiums' volume of 2.441 billion MAD (306.88 million USD) versus 2.368 billion MAD (297.82 million USD) in 2007, that is, an increase of 3.07%. The technical result has risen from 272.79 million MAD (34.29 million USD) in 2007 to 311.16 million MAD (39.11 million USD) in 2008, that is, a 14.07% progression.
The company's shareholders' equity amounted to 1.531 billion MAD (192.4 million USD) by December 31, 2008.
The rating agency Standard & Poor's has granted the rating BBB with “ stable” outlook to SCR for its financial soundness and the quality of its management.
AM Best has maintained SCR's rating of B++ with “excellent” outlook.