The Supervisory Authority for Insurance and Social Welfare (ACAPS) has released the results of the Moroccan insurance market [4] as of 30 September 2021.
All insurers and reinsurers recorded a 10.5% turnover increase with a total of 39.249 billion MAD (4.3 billion USD).
Non-life premiums grew by 7.3% to reach 21.273 billion MAD (2.33 billion USD). They represent 54.2% of total premiums written in Morocco as of 30 September 2021.
With a 45.8% market share, life underwritings posted a 14.6% evolution with 17.976 billion MAD (1.96 billion USD).