Magazine date:
May 2013 Zurich Assurance Maroc has seen its turnover grow by 3% in 2012. During the last year, premiums totaled 1.081 billion MAD (128 million USD), while the net result after tax decreased by 24.4% compared to 2011. The insurer holds a market share of 6.2% in non-life insurance and targets an increase of 8% in 2013, that is 2 points more than the overall market forecasts.
To achieve this goal, Zurich has devised an IT based policy of investment with the creation of new products. The company has also developed significant resources in the field of training with a budget increase of 35% compared to 2012.