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, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 $146.7
2011 153.8
2012 163.0
2013 180.0
2014 254.4

(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.

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LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $2,257
Life premiums 1,143
Total premiums $3,400
Percent of total world premiums 0.07%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2015

 

  Gross written premiums
Company MAD Mn USD Mn
SAHAM Assurance 3,410.3 349.3
Wafa Assurance 2,985.0 305.7
RMA Watanya 2,874.7 294.4
AXA Assurance Maroc 2,795.2 286.3
Atlanta 1,550.7 158.8
SANAD 1,420.0 145.4
Zurich 1,228.1 125.8
MAMDA 846.9 86.7
CAT 631.2 64.6
MCMA 551.8 56.5

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2015

 

  Gross written premiums
Company MAD Mn USD Mn
Wafa Assurance 3,422.4 350.5
RMA Watanya 2,672.9 273.7
Marocaine Vie 1,277.3 130.8
AXA Assurance Maroc 1,092.1 111.8
MCMA 1,055.0 108.0
SAHAM Assurance 362.8 37.2
SANAD 237.0 24.3
Atlanta 209.9 21.5
Mutuelle Taamine Chaabi 209.6 21.5
Zurich 21.9 2.3

Source: Axco Insurance Information Services.

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