Magazine date:
Jul 2021 Figures in thousands
| Rank | Companies | Turnover 2020 | Turnover 2019 | 2019-2020 evolution* | 2020 market shares | ||
|---|---|---|---|---|---|---|---|
| MAD | USD | MAD | USD | ||||
| 1 | Wafa Assurance | 8 374 200 | 929 704 | 8 853 000 | 912 390 | -5.41% | 18.49% |
| 2 | RMA | 6 876 000 | 763 374 | 6 816 000 | 702 457 | 0.88% | 15.18% |
| 3 | Mutuelle Taamine Chaabi | 5 787 300 | 642 506 | 5 123 200 | 527 997 | 12.96% | 12.78% |
| 4 | Saham Assurance | 5 126 000 | 569 089 | 5 422 400 | 558 833 | -5.47% | 11.32% |
| 5 | AtlantaSanad** | 4 937 600 | 548 172 | 4 840 700 | 498 883 | 2.00% | 10.90% |
| 6 | Axa Assurance Maroc | 4 871 700 | 540 856 | 4 645 200 | 478 734 | 4.88% | 10.76% |
| 7 | Marocaine Vie | 2 158 200 | 239 603 | 2 267 600 | 233 699 | -4.82% | 4.76% |
| 8 | MCMA | 1 798 000 | 199 614 | 1 541 200 | 158 836 | 16.66% | 3.97% |
| 9 | Allianz Assurance Maroc | 1 572 300 | 174 557 | 1 479 900 | 152 518 | 6.24% | 3.47% |
| 10 | MAMDA | 1 092 500 | 121 289 | 1 034 600 | 106 626 | 5.60% | 2.41% |
| 11 | CAT | 694 100 | 77 059 | 693 000 | 71 421 | 0.16% | 1.53% |
| 12 | Maroc Assistance Internationale | 561 500 | 62 338 | 568 100 | 58 548 | -1.16% | 1.24% |
| 13 | MATU | 462 300 | 51 325 | 416 600 | 42 935 | 10.97% | 1.02% |
| 14 | Saham Assistance | 325 800 | 36 170 | 471 700 | 48 613 | -30.93% | 0.72% |
| 15 | Wafa Ima Assistance | 258 300 | 28 676 | 281 400 | 29 001 | -8.21% | 0.57% |
| 16 | Euler Hermes ACMAR | 136 300 | 15 132 | 144 900 | 14 933 | -5.94% | 0.30% |
| 17 | RMA Assistance | 109 200 | 12 123 | 113 100 | 11 656 | -3.45% | 0.24% |
| 18 | Coface Maroc | 81 100 | 9 004 | 62 700 | 6 462 | 29.35% | 0.18% |
| 19 | Axa Assistance Maroc | 47 000 | 5 218 | 86 900 | 8 956 | -45.91% | 0.10% |
| 20 | Smaex | 27 500 | 3 053 | 39 800 | 4 102 | -30.90% | 0.06% |
| Total | 45 296 900 | 5 028 862 | 44 902 000 | 4 627 600 | 0.88% | 100% | |
* Growth rate in local currency
** Entity born from the merger between Atlanta and Sanad
Exchange rate as at 12/31/2019: 1 MAD = 0.10306 USD
Exchange rate as at 12/31/2020: 1 MAD = 0.11102 USD
Read also | Moroccan insurance market in 2020 [4]
