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AtlantaSanad: H1 2023 turnover

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Magazine Issue: 
Covid-19, the real big crash test for insurers [3]
Magazine date: 
Jul 2023

AtlantaSanadAtlantaSanad has ended the first two quarters of 2023 with a slight 0.1% increase in turnover to 3.085 billion MAD (307.4 million USD), against 3.082 billion MAD (299.7 million USD) in the first half of 2022.

The non-life premiums amounted to 2.478 billion MAD (246.9 million USD), representing a 3.6% increase compared with the same period of 2022.

Life premiums dropped from 690 million MAD (67 million USD) as at 30 June 2022 to 607 million MAD (60.5 million UD) a year later, showing a 12% decline. This downturn was mainly due to the slow growth in the marketing of unit-linked products.

Read also | AtlantaSanad: stagnant turnover in 2022 [4]

Wed, 23/08/2023 - 13:07

Source URL: https://www.atlas-mag.net/en/category/pays/maroc/atlantasanad-h1-2023-turnover

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