Key priorities identified in the development of Islamic finance include the development of deep and liquid local currency sukuk markets, broadening the investor base, and addressing legal, regulatory, and market infrastructure gaps to support the growth of Islamic insurance and fund sectors, was the consensus reached at the 23rd Islamic Financial Services Board (IFSB) Stability Forum.
The Systemic Risk Coordination and Monitoring Committee (CCSRS) says that stress test exercises have highlighted the overall resilience of insurance companies to adverse macroeconomic and technical conditions.
The insurance industry's move to adopt a new prudential framework for risk-based solvency (RBS) is nearing completion.
The Insurance and Social Security Supervisory Authority (ACAPS) has launched a tender exercise inviting bids for conducting a study on the methods of monitoring and using artificial intelligence (AI) and new technologies in the insurance sector. The tender exercise was launched on 23 June 2025.
The Moroccan insurance sector is entering the second half of 2025 with very favourable momentum, despite the significant disruptions affecting the global economy, according to the Moroccan Insurance Federation (FMA).
The National Authority for Integrity, Prevention and the Fight against Corruption (INPPLC) and the country's three financial-sector authorities, have approved a 2025-2026 roadmap focussing on anti-graft training, transparency, and targeted sector-specific actions.
Allianz Maroc has announced appointed Mr Fahd Mokdad as CEO. In his new role, he will drive the company's development while ensuring superior service to policyholders and partners.
The Moroccan insurance market posted a 5.5% increase in revenue to MAD18.2bn ($1.98m) in the first quarter of 2025, according to the Insurance and Social Security Supervisory Authority (ACAPS).
NEM Insurance, one of Nigeria's largest non-life insurers, plans to establish a life insurance company.
Insurance intermediaries Epega and Alpha Assurances have applied to the Moroccan Competition Council for approval for their strategic alliance.