The Insurance and Social Welfare Supervisory Authority (ACAPS) has announced a major new project: a compulsory multi-risk home insurance scheme, designed to protect property and people against disasters, which are still insufficiently covered at present.
Insurance agents and brokers are working to double Morocco's insurance penetration rate by 2030, according to Mr Farid Bensaid, president of the National Federation of Insurance Agents and Brokers of Morocco (FNACAM).
The Insurance and Social Security Supervisory Authority (ACAPS) is working on implementing a digital system to monitor online content related to insurance products and services.
The Competition Commission of the Common Market for Eastern and Southern Africa (COMESA) has published a notice of inquiry into the proposed acquisition of Egypt's Delta Insurance by Morocco's Wafa Assurance.
Morocco is strengthening its protection against natural disasters by increasing the parafiscal solidarity tax levied on insurance contracts.
The Financial Regulatory Authority (FRA) has approved the publication of a mandatory tender offer submitted by a leading Moroccan insurance company, Wafa Assurance, to acquire shares in Delta Insurance Company.
The Insurance and Social Security Supervisory Authority (ACAPS) has launched "EDUCAPS", a digital platform designed to strengthen the understanding of the fundamental concepts of insurance and social security.
The insurance industry continued its strong upward momentum in the first half of this year, with total premiums rising by 7.0% to MAD34.91bn ($3.86bn) compared to the corresponding half of last year, according to data released by the Insurance and Social Security Supervisory Authority (ACAPS).
Seventy percent (70%) of Moroccan citizens have at least one insurance policy, according to the findings of a national survey conducted by the National Federation of Consumer Associations, in partnership with the Ministry of Industry and Trade.
The Moroccan Insurance Federation (FMA) has set out several actions on motor insurance which it plans for the second half of 2025.