At the end of 2017, Axa Assurance Maroc reported a net profit of 328 million MAD (35 million USD), a leap of 239% compared to the 96.6 million MAD (9.6 million USD) reported in 2016.
As for the turnover, it recorded a slight increase of 4.6% to reach 4.11 billion MAD (440 million USD).
It is the life class of business that drew growth with a 20% increase.
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- The Moroccan insurance industry [4]