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AtlantaSanad: H1 2022 results

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Magazine Issue: 
The insurance industry, a market under strain [3]
Magazine date: 
Oct 2022

AtlantaSanadAtlantaSanad has recorded a 2% increase in its turnover during the first half of 2022 to reach 3.082 billion MAD (299.37 million USD).

Non-life premiums went up by 3.4% to stand at 2.392 billion MAD (232.34 million USD) as at 30 June 2022. On that date, life underwriting amounted to 690 million MAD (67.02 million USD), representing a 2.4% decline over one year.

During the period under review, the net result totaled 237 million MAD (23.02 million USD), growing by 5.8% compared to the 224 million MAD (25.05 million USD) posted at the end of June 2021.

Read also | Moroccan insurance market: 5.3% premium increase in H1 2022 [4]

Thu, 06/10/2022 - 16:16

Source URL: https://www.atlas-mag.net/en/category/pays/maroc/atlantasanad-h1-2022-results

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-194-october-2022
[4] https://www.atlas-mag.net/en/category/pays/maroc/moroccan-insurance-market-53-premium-increase-in-h1-2022