Morocco:Insurance industry shows higher profitability in 2023 despite slowest revenue growth in recent years

By MEIR team | 09 May 2024

Morocco Reinsurance Life & Health Property & Casualty Financial Performance

The Moroccan insurance sector improved its profitability in 2023, achieving a net profit of MAD4.5bn ($448.4m), an increase of 5.8% over 2022, according to the Insurance and Social Welfare Supervisory Authority (ACAPS).

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