The Insurance and Social Security Supervisory Authority (ACAPS) has issued a warning to motor insurance companies over practices that are deemed as infringing on policyholders' rights.
Woliz, a Moroccan-based Retail-Tech platform that connects nano stores to the digital economy, has announced the closing of a $2.2m pre-seed round with Sanlam Maroc, a subsidiary of Africa's leading insurer Sanlam.
The bancassurance sector maintained its growth momentum, registering a 6.6% increase in 2024. The total premiums generated amounted to MAD20.5bn ($2.25bn), collected through banks network, finance companies, payment institutions, and microcredit associations, according to the Insurance and Social Security Supervisory Authority (ACAPS).
A new framework cooperation agreement between Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) and Mohammed VI Polytechnic University (UM6P) will give a boost to development of research and financial education in the insurance and social welfare sectors in the country.
The Moroccan Insurance Federation (FMA) is pushing forward with the sector's digital transformation following a 4 December 2025 meeting with insurers and reinsurers to advance the rollout of a multi-channel premium payment system.
Morocco's House of Representatives, which is the lower house of Parliament, has approved a draft law amending a 1984 royal decree concerning compensation for victims of accidents involving motor vehicles.
The insurance industry in Morocco reported total premiums of MAD48.26bn for the first nine months of 2025, registering a 7.2% year-on-year increase. These figures confirm the positive momentum of the Moroccan insurance industry.
Takaful operations in Morocco generated a total contribution volume of MAD66m in the first half of 2025, jumping by 51.4% compared to the corresponding half of 2024, according to the Insurance and Social Security Supervisory Authority (ACAPS).
Morocco's insurance and reinsurance sector achieved a total turnover of MAD37.7bn ($4.07bn) in the first half of 2025 (1H2025), a growth of 7.7% compared to the corresponding half a year earlier, according to the Insurance and Social Security Supervisory Authority (ACAPS). The first half of this year reflected the recovery trend that began in 2024.
Egypt Kuwait Holding (EKH) has announced the completion of the sale of its entire 63.39% stake in Delta Insurance to Morocco's Wafa Assurance, under the latter's mandatory tender offer.