The International Finance Corporation (IFC) has completed its acquisition of a stake in Holmarcom Finance Company (HFC), following the receipt of the required regulatory approvals, thus strengthening their shared commitment to sustainable and inclusive finance in Africa.
The State Secretariat for Foreign Trade at the Ministry of Industry and Trade has unveiled a public export credit insurance scheme to complement private-sector offerings. It will provide coverage of up to MAD7.5bn ($811m) on exports.
The Minister of Economy and Finance, Ms Nadia Fettah, has announced the insurance industry was developing an insurance offering against cyber risks.
The Moroccan Insurance Federation (FMA) has revealed several initiatives it is working on to improve efficiency and modernise the industry.
The Insurance and Social Security Supervisory Authority (ACAPS) and the Moroccan Insurance Federation (FMA) have signed a charter relating to gender integration in the design and marketing of insurance products.
Casablanca-headquartered Société Centrale de Réassurance (SCR) has adopted a new name - Atlantic Re - as part of a strategic transformation driven by a clear ambition to consolidate leadership at home while accelerating regional expansion.
Businesses have ranked political risks and violence as a top 10 global risk for the past three years, according to the "Allianz Risk Barometer 2025" demonstrating that it has become a key concern for companies of all sizes. According to a new report from Allianz Commercial, civil unrest ranks as the biggest concern for more than 50% of company respondents globally, reflecting the fact that incidents are increasing and lasting for longer.
The Insurance and Social Security Supervisory Authority (ACAPS) has set out new procedures for handling claims related to death insurance contracts in a move to strengthen transparency and beneficiary protection.
Wafa Assurance has maintained its leadership of the Moroccan insurance market in 2024 with a market share of 19.7%. Following it are RMA (14.9%) and Mutuelle Taamine Chaabi (12.9%) in the second and third position.
The Insurance and Social Security Supervisory Authority (ACAPS) launched the "Emergence" programme to support the digital transformation of the insurance sector.