Wafa Assurance, the Moroccan market leader in 2021

The turnover of the Moroccan insurance market reached 50.3 billion MAD (5.3 billion USD) in 2021, increasing by 10% over a year.

Wafa Assurance has kept its leading position with 9.08 billion MAD (971.57 million USD) of written premiums, that is, 18.05% of the market share.

The company is followed by RMA and Mutuelle Taamine Chaabi which respectively account for 15.2% and 12.5% of the total premium income in 2021.

Saham Assurance and Axa Assurance Maroc took the fourth and fifth place with 11.2% and 11.05% of market share respectively.