The insurance market achieved a total turnover of MAD39bn ($4.00bn) in the first half of 2026 (1H2026), excluding acceptances and takaful contributions.
The figure represents growth of 11.2% compared to the corresponding half a year earlier, according to the Insurance and Social Security Supervisory Authority (ACAPS). The first half of this year continued the growth trend that had begun in 2024.
In the first six months, the life branch expanded by 17.8% to reach premiums of MAD17.6bn, much faster than the non-life market, which grew by 6.3% to MAD21.4bn.
Details of premium growth by branch are as follows:
-
|
MAD m
|
1H2026 Premiums
|
1H2025 Premiums
|
Change over 1H2025
|
Change over 1H2024
|
|
Life
|
17,601.1
|
14,935.9
|
17.8%
|
8.4%
|
|
Savings plans
|
12,864.9
|
12,059.4
|
6.7%
|
5.6%
|
|
Death protection plans
|
1,994.7
|
1,901.4
|
4.9%
|
4.4%
|
|
Investment-linked plans
|
2,741.1
|
975.1
|
181.1%
|
79.4%
|
|
Non-life
|
21,405.9
|
20,137.3
|
6.3%
|
6.9%
|
|
Catastrophe
|
428.5
|
396.5
|
8.1%
|
11.5%
|
|
Accident and health
|
3,315.1
|
3,116.2
|
6.4%
|
5.4%
|
|
- of which, health
|
2,885.8
|
2,708.9
|
6.5%
|
5.9%
|
|
Workplace accident & illnesses
|
1,935.8
|
1,823.4
|
6.2%
|
5.3%
|
|
Automobile
|
9,901.1
|
9,233.3
|
7.2%
|
6.6%
|
|
- of which, 3rd-party liability
|
7,889.4
|
7,465.9
|
5.7%
|
5.5%
|
|
Liability
|
570.0
|
528.5
|
7.9%
|
6.5%
|
|
Fire
|
1,860.3
|
1,852.0
|
0.4%
|
2.9%
|
|
Technical risks
|
334.4
|
335.6
|
-0.3%
|
66.6%
|
|
Transport
|
486.2
|
457.5
|
6.3%
|
1.3%
|
|
Assistance
|
1,200.1
|
1,106.6
|
8.4%
|
6.3%
|
|
Credit
|
183.3
|
173.8
|
5.8%
|
13.3%
|
|
Acceptances - non-life
|
625.5
|
551.9
|
13.3%
|
10.8%
|
|
Others
|
565.5
|
562.1
|
0.6%
|
13.0%
|
|
Total
|
39,006.9
|
35,073.2
|
11.2%
|
7.5%
|
|
Source: ACAPS
Figures above exclude data from reinsurance and takaful companies
|