Wafa Assurance has retained its management in Morocco’s insurance coverage marketplace (Lifestyles and Non-Lifestyles blended), with a document turnover of MAD10.42bn in 2022.
Wafa Assurance stepped forward its marketplace proportion in relation to turnover to 19.1%, in comparison to 18.2% in 2021.
In step with knowledge analysed by means of Le Matin, the highest 5 insurance coverage firms within the kingdom for 2022 are:
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Most sensible 5 in 2022 in relation to turnover
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Insurer
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MAD bn
|
Y-o-Y trade
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Marketplace proportion
|
|
|
|
|
|
2022
|
2021
|
|
Wafa
|
10.42
|
14.7%
|
19.1%
|
18.2%
|
|
RMA
|
8.07
|
5.1%
|
14.8%
|
15.4%
|
|
Mutuelle Taamine Chaabi
|
7.34
|
16.4%
|
13.5%
|
12.7%
|
|
Axa Assurance Maroc
|
6.03
|
8.3%
|
11.1%
|
11.2%
|
|
Sanlam
|
5.95
|
5.9%
|
10.9%
|
11.3%
|
A few of the Most sensible 5, Wafa Assurance and Mutuelle Taamine Chaabi larger their marketplace proportion in 2022.
Within the 6th to tenth most sensible positions in 2022 are: AtlantaSanad (MAD5.40bn); MCMA (MAD2.27bn), Marocaine Vie (MAD2.26bn), Allianz Assurance Maroc (MAD1.48bn) and MAMDA (MAD1.27bn ).
Morocco’s insurance coverage marketplace accomplished a document turnover of MAD54.5bn in 2022, up 8.5% over 2021.
Through department, the highest 3 insurers within the non-life and lifestyles sectors are:
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Most sensible 3 non-life insurers (together with reinsurance acceptances)
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Most sensible 3 lifestyles insurers
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|
Insurer
|
Marketplace proportion
|
Insurer
|
Marketplace proportion
|
|
Sanlam
|
17.3%
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Mutuelle Taamine Chaabi
|
29.0%
|
|
Wafa Assurance
|
15.4%
|
Wafa Assurance
|
23.0%
|
|
AtlantaSanad
|
14.4%
|
RMA
|
16.9%
|
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Overall turnover MAD29.1bn
|
100.0%
|
Overall turnover MAD25.4bn
|
100.0%
|
Supply Through https://www.asiainsurancereview.com/Information/ViewNewsLetterArticle/identity/84311/Kind/MiddleEast/Morocco-Wafa-stays-at-the-head-of-insurance-market
