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Allianz Maroc closed the 2024 financial year with a turnover of 1.924 billion MAD (186.4 million USD), 26% higher than the figure recorded a year earlier.
Non-life premiums rose by 18% to 1.53 billion MAD (148.2 million USD), while life premiums increased by 74% to 394 million MAD (38.2 million USD).
Annual net profit climbed by 131% to 194 million MAD (18.8 million USD), thanks to good operating performance, optimized operating costs, prudent risk management and a 37% improvement in investment income which amounted to 293 million MAD (28.4 million USD) against 214 million MAD (21.3 million USD) in 2023.
