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Wafa Assurance, MAMDA and AtlantaSanad granted Takaful licenses

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Magazine Issue: 
Tomorrow’s reinsurance [3]
Magazine date: 
Dec 2021

Takaful licences The Moroccan Supervisory Authority for Insurance and Social Welfare (ACAPS) held on 10 December 2021 its 22nd board meeting, at the end of which it granted approvals to WAFA Assurance, MAMDA and AtlantaSanad to carry out Takaful activities in Morocco.

The Takaful subsidiaries of the three insurers are respectively named :

  • Wafa Takaful,
  • Attakafulia Assurances,
  • Taaouiniyate Taamine Takafuli.

Other companies in the running for future licenses include Marocaine Vie and AXA Assurance Maroc.

Read also | Ranking of Moroccan insurers [4]

Mon, 13/12/2021 - 14:08

Source URL: https://www.atlas-mag.net/en/article/wafa-assurance-mamda-and-atlantasanad-granted-takaful-licenses

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[4] https://www.atlas-mag.net/en/article/ranking-of-moroccan-insurers-according-to-2019-turnover