Moroccan insurance market in 2019: turnover per class of business
Figures in thousands
| Class of business | 2019 turnover | 2018 turnover | 2018-2019 evolution (1) | 2019 shares | ||
|---|---|---|---|---|---|---|
| MAD | USD | MAD | USD | |||
Motor | 11 952 200 | 1 231 794 | 11 147 200 | 1 165 551 | 7.22% | 26.62% |
Bodily injury | 4 417 100 | 455 226 | 4 074 300 | 426 009 | 8.41% | 9.84% |
Workmen's compensation | 2 291 100 | 236 121 | 2 244 300 | 234 664 | 2.09% | 5.10% |
Assistance. credit. bond | 1 647 300 | 169 771 | 1 549 100 | 161 974 | 6.34% | 3.67% |
Fire | 1 609 300 | 165 854 | 1 417 700 | 148 235 | 13.51% | 3.58% |
Marine | 639 800 | 65 938 | 625 500 | 65 402 | 2.29% | 1.43% |
General third party liability | 568 000 | 58 538 | 581 700 | 60 822 | -2.36% | 1.26% |
Technical risks | 288 600 | 29 712 | 300 600 | 31 431 | -4.09% | 0.64% |
Other non-life operations | 816 400 | 84 169 | 1 002 100 | 104 780 | -18.50% | 1.82% |
Non-life acceptances | 207 500 | 21 385 | 213 000 | 22 271 | -2.58% | 0.46% |
| Total non-life | 24 437 300 | 2 518 508 | 23 155 500 | 2 421 139 | 5.54% | 54.42% |
| Life insurance and capitalisation | 20 464 700 | 2 109 092 | 18 189 700 | 1 901 915 | 12.51% | 45.58% |
| Total | 44 902 000 | 4 627 600 | 41 345 200 | 4 323 054 | 8.60% | 100% |
* Growth rate in local currency
Exchange rate as at 31/12/2018 : 1 MAD = 0.10456 USD
Exchange rate as at 31/12/2019 : 1 MAD = 0.10306 USD
Read also | Ranking of Moroccan insurers
