Morocco 2012

Magazine Issue:

Magazine date:

May 2013

Breakdown of written premiums per class of business: 2011-2012

in thousands USD

	2011 written premiums	2012 written premiums	2011/2012 evolution	2012 shares
Non life insurance
Bodily injury, health	326 767	349 240	6.87%	11.30%
Workmen’s compensation	228 458	242 171	6.00%	7.84%
Motor	879 049	952 399	8.34%	30.82%
General third party liability	57 249	56 636	-1.07%	1.83%
Fire	124 036	145 296	17.14%	4.70%
Engineering	39 621	40 093	1.19%	1.30%
Marine	85 210	78 070	-8.37%	2.53%
Assistance, credit, bond	89 134	99 807	12%	3.23%
Other operations	47 341	62 432	31.87%	2.02%
Total non life	1 876 865	2 026 144	7.95%	65.57%
Life insurance and capitalisation
Ordinary life assurance	539 958	664 558	23.07%	21.50%
Group life insurance	201 599	240 675	19.38%	7.79%
Industrial Life assurance	18	28	55.55%	0.00%
Capitalisation	112 874	110 848	-1.79%	3.58%
Variable life insurance	38 532	25 993	-32.50%	0.84%
Total life	892 981	1 042 102	16.70%	33.71%
Total life and non life	2 769 846	3 068 246	10.77%	99.28%
Reinsurance acceptances	19 048	22 285	17%	0.72%
Grand total	2 788 894	3 090 531	10.81%	100%

¹ Including workmen’s compensation ² Including engineering and reinsurance acceptances

Breakdown of 2012 premiums per company and per class of business

in thousands USD

	Accident ¹	Motor ²	Fire	Marine	Other risks ³	Life⁴	Total	2012 shares
Wafa Assurance	105 734	156 574	30 692	14 104	14 502	358 532	680 138	22.01%
RMA Watanya	121 774	153 079	22 738	10 106	17 579	278 524	603 800	19.54%
Axa Assur Maroc	109 158	149 324	32 570	13 632	13 510	95 270	413 464	13.38%
Cnia Saada Assur	97 775	188 690	12 697	16 101	21 276	46 687	383 226	12.40%
Sanad	32 122	81 826	16 566	9 098	6 365	24 839	170 816	5.53%
Atlanta	63 025	53 340	13 476	8 927	1 618	17 732	158 118	5.12%
MCMA	8 971	31 958	4 812	100	2 608	97 999	146 448	4.74%
Marocaine vie	6 797	-	-	-	-	121 519	128 316	4.15%
Zurich	34 582	64 246	9 538	6 002	11 416	2 519	128 303	4.15%
CAT	-	78 029	-	-	-	-	78 029	2.52%
MAMDA	11 471	26 545	2 207	-	34 452	-	74 675	2.42%
Maroc Assistance	-	-	-	-	-	42 393	42 393	1.37%
Isaaf Mondiale Assistance	-	-	-	-	1 074	34 223	35 297	1.14%
MATU	-	25 424	-	-	-	-	25 424	0.82%
Euler Hermes ACMAR	-	-	-	-	-	8 725	8 725	0.28%
Wafa Ima Assist	-	-	-	-	411	7 316	7 727	0.25%
Axa Assist Maroc	-	-	-	-	-	5 632	5 632	0.18%
Total	591 409	1 009 035	145 296	78 070	124 811	1 141 910	3 090 531	100%

¹ Including workmen’s compensation ²Including general third party liability ³ Including engineering and reinsurance acceptances ⁴ Including assistance and bond insurance

Exchange rate MAD/TND as at 31/12	2011	2012
Exchange rate MAD/TND as at 31/12	0.11672	0.11874