Moroccan insurance market as at 31 March 2026

Moroccan insurers and reinsurers reported a 17.2% increase in total turnover, reaching 21.3 billion MAD (2.2 billion USD) in the first quarter of 2026.

Non-life premiums rose by 7.5% year-on-year to 13.1 billion MAD (1.4 billion USD).

Life premiums recorded a sharp 37% increase, climbing to 8.2 billion MAD (864 million USD).