Magazine date:
Feb 2023 Sanlam Maroc has published its key business indicators for the financial year 2022.
Figures in millions| Indicators | 31 December 2022 | 31 December 2021 | Evolution (1) | ||
|---|---|---|---|---|---|
| MAD | USD | MAD | USD | ||
| Non-life premiums | 5 022 | 473 | 4 703 | 503 | 6.8% |
| Life premiums | 932 | 88 | 919 | 98 | 1.5% |
| Total turnover | 5 954 | 561 | 5 622 | 601 | 5.9% |
| Investments allocated to insurance operations | 15 699 | 1 480 | 15 585 | 1 667 | 0.7% |
| Technical reserves | 14 947 | 1 409 | 14 729 | 1 576 | 1.5% |
| Net result | 370 | 35 | 360 | 39 | 2.9% |
| Shareholders' equity | 4 982 | 470 | 4 756 | 509 | 4.8% |
(1) Evolution in local currency
Exchange rate as at 31 December 2022: 1 MAD = 0.09428 USD; at 31 December 2021: 1 MAD = 0.107 USD
Read also | Sanlam Group: establishment, development and expansion [4]