Moroccan insurance market in 2025

May 13, 2026
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Figures in thousands

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Classes of businessTurnover 2025Turnover 20242024-2025 evolution (1)2025 shares
MADUSDMADUSD
Motor16 178 5001 758 27915 171 9001 470 0056.63%25.17%
Bodily injury6 015 400653 7545 621 600544 6777.01%9.36%
Workmen's compensation2 852 300309 9882 754 100266 8453.57%4.44%
Fire2 513 300273 1452 483 300240 6071.21%3.91%
Assistance. credit. bond2 009 300218 3711 857 700179 9938.16%3.12%
General third party liability874 60095 051785 80076 13611.30%1.36%
Marine809 70087 998814 00078 868-0.53%1.26%
Technical risks711 40077 315380 50036 86786.96%1.11%
Natural catastrophes (GCEC) (2)694 20075 446638 60061 8748.71%1.08%
Other non-life operations1 098 700119 4071 136 300110 096-3.31%1.71%
Non-life acceptances (3)949 800103 224839 30081 32013.17%1.48%
Total non-life34 707 2003 771 97832 483 1003 147 2886.85%54.00%
Capitalization13 819 7001 501 92512 822 8001 242 4017.77%21.50%
Individual insurance10 313 7001 120 8939 738 400943 5535.91%16.05%
Group insurance3 199 700347 7443 102 600300 6113.13%4.98%
Variable contracts2 228 500242 1931 564 700151 60442.42%3.47%
Life acceptances6006530029100.0%0.0%
Total life & capitalization29 562 2003 212 82027 228 8002 638 1988.57%46.00%
Grand total64 269 4006 984 79859 711 9005 785 4867.63%100%

(1) Evolution in local currency
(2) Coverage against the consequences of catastrophic events (GCEC)
(3) Y compris acceptations de la GCEC
* Situation liminaire

Source: The Moroccan Insurance Federation

Exchange rate as at 31/12/2025 : 1 MAD = 0.10868 USD ; as at 31/12/2024 : 1 MAD = 0.09689 USD


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