Magazine date:
Apr 2023 Figures in thousands
| Class of business | 2022 turnover (1) | 2021 turnover | 2021-2022 evolution (2) | 2022 shares | ||
|---|---|---|---|---|---|---|
| MAD | USD | MAD | USD | |||
| Motor | 13 726 700 | 1 294 153 | 12 988 700 | 1 389 791 | 5.68% | 25.18% |
| Bodily injury and health | 5 045 900 | 475 727 | 4 772 800 | 510 690 | 5.72% | 9.26% |
| Workmen's compensation | 2 495 000 | 235 229 | 2 319 600 | 248 197 | 7.56% | 4.58% |
| Fire | 2 095 700 | 197 583 | 2 053 600 | 219 735 | 2.05% | 3.84% |
| Assistance, credit, bond | 1 671 400 | 157 580 | 1 513 900 | 161 987 | 10.40% | 3.07% |
| Marine | 883 600 | 83 306 | 706 400 | 75 585 | 25.08% | 1.62% |
| General third party liability | 703 400 | 66 316 | 604 400 | 64 671 | 16.38% | 1.29% |
| Natural disasters (GCEC) (3) | 560 900 | 52 882 | 521 800 | 55 832 | 7.49% | 1.03% |
| Technical risks | 284 400 | 26 813 | 276 100 | 29 543 | 3.01% | 0.52% |
| Other non-life operations | 949 800 | 89 547 | 888 200 | 95 037 | 6.94% | 1.74% |
| Non-life acceptances (4) | 686 000 | 64 676 | 619 000 | 66 233 | 10.82% | 1.26% |
| Non-life total | 29 102 800 | 2 743 812 | 27 264 500 | 2 917 301 | 6.74% | 53.39% |
| Capitalisation | 10 558 600 | 995 465 | 9 305 500 | 995 689 | 13.47% | 19.37% |
| Individual insurances | 10 076 700 | 950 031 | 9 049 200 | 968 264 | 11.35% | 18.49% |
| Group insurances | 3 540 900 | 333 836 | 2 880 900 | 308 256 | 22.91% | 6.5% |
| Variable insurance contracts | 1 229 200 | 115 889 | 1 706 700 | 182 617 | -27.98% | 2.25% |
| Other life operations | 2 300 | 217 | - | - | - | 0% |
| Life acceptances | - | - | 100 | 11 | - | - |
| Total Life & capitalisation | 25 407 700 | 2 395 438 | 22 942 400 | 2 454 837 | 10.75% | 46.61% |
| Grand total | 54 510 500 | 5 139 250 | 50 206 900 | 5 372 138 | 8.57% | 100% |
(1) Preliminary situation
(2) Growth rate in local currency
(3) Guarantee against the consequences of catastrophic events (GCEC)
(4) Including GCEC acceptances
Source: Moroccan Federation of Insurance and Reinsurance Companies
Exchange rate as at 31/12/2021 : 1 MAD = 0.107 USD ; at 31/12/2022 : 1 MAD =0.09428 USD
Read also | Insurance companies in Morocco [4]
