Morocco

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Federation Marocaine des Societes d'Assurances et de Reassurance
Web: www.fmsar.org.ma

 

POPULATION, 2011-2014 (1)

Year Population
2011 31,968,361
2012 32,309,239
2013 32,649,130
2014 32,987,206

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $137.4
2010 146.7
2011 153.8
2012 163.0
2013 180.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $2,157
Life premiums 1,023
Total premiums $3,180
Percent of total world premiums 0.07%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company MAD Mn USD Mn
RMA Watanya  2,739.4 317.5
Wafa Assurance  2,708.5 313.9
CNIA Saada Insurance  2,699.0 312.8
AXA Assurance Maroc  2,658.4 308.1
Sanad  1,229.4 142.5
Atlanta  1,182.3 137.0
Zurich  1,059.3 122.8
CAT  657.1 76.2
MAMDA  623.2 72.2
MCMA  408.0 47.3

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company MAD Mn USD Mn
Wafa Assurance  3,019.5 349.9
RMA Watanya  2,345.7 271.9
Marocaine Vie  1,023.4 118.6
MCMA  825.3 95.7
AXA Assurance Maroc  789.5 91.5
CNIA Saada Insurance  393.2 45.6
Sanad  209.2 24.2
Atlanta  149.3 17.3
Zurich  21.2 2.5

Source: Axco Insurance Information Services.

View Archived Tables