MoroccoNorth Africa · MA · MAD

Morocco

المغربⵍⵎⴰⵖⵔⵉⴱ

25 licensed entities supervised by the Autorite de Controle des Assurances et de la Prevoyance Sociale.

Listed insurers
25
Insurance classes
7
Groups present
7
Illustrated collage of Morocco, inspired by Fez, Morocco, Tanger-Med, Atlas Mountains.
Morocco
INSURERS.GLOBAL / MAAn illustrated portrait · AI-created artwork

A sense of place

Beyond the numbers.

Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.

Local names, languages & illustration notes

Selected local names and languages, with links to the references behind this artistic composition.

MoroccoMorocco

Arabic
المغرب
ber
ⵍⵎⴰⵖⵔⵉⴱ

Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.

By class of business

Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.

By ownership

  • Domestic private15 60%
  • Foreign multinational5 20%
  • Mutual / cooperative4 16%
  • Pan-African group1 4%

Verification log

Verified - full register · ACAPS, Organismes contrôlés - Secteur des assurances: entreprises d'assurances et de réassurance agréées (multi-line, non-life, life, assistance, credit, reinsurance, takaful, takaful reinsurance), with per-company fiches signalétiques and BO licensing decisions, retrieved 22 Sep 2026: 25 entities

Reconciled against the ACAPS list of 25 licensed insurance and reinsurance companies (22 Sep 2026): 18 rows matched; added MAMDA, MATU, Africa First Assist, Cover Edge, SMAEX, Atlantic Re and Taaouniyate Taamine Takafuli; SCR renamed Atlantic Re (Dec 2025) and ex-Saham Assistance renamed Africa First Assist (2021); MAMDA Re and Sanlam Takaful Maroc not licensed. The list covers insurers and reinsurers only, not intermediaries or bancassurance.

Licensed insurers in Morocco

Scroll horizontally to compare columns.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
AXA Assurance MarocEuronext Paris: CSCCompositeAXAIAIGForeign multinationalACAPSVerified80 Confidence: Low
Allianz MarocFWB: ALV
Formerly Zurich Maroc
CCompositeAllianzIAIGForeign multinationalACAPSVerified80 Confidence: Low
AtlantaSanad AssuranceBVC: ATL
Merger of Atlanta and Sanad; Registered as ATLANTA SANAD
CCompositeHolmarcom GroupDomestic privateACAPSVerified—
MAMDA-MCMA
Agricultural mutual group; Registered as MUTUELLE CENTRALE MAROCAINE D'ASSURANCE (MCMA)
CCompositeMutualMutual / cooperativeACAPSVerified—
RMA (Royale Marocaine d'Assurance)
Registered as ROYALE MAROCAINE D'ASSURANCE (RMA)
CCompositeFinanceCom / O Capital GroupDomestic privateACAPSVerified50 Confidence: Low
Sanlam MarocBVC: SAH
Formerly Saham Assurance
CCompositeSanlam AllianzIAIGPan-African groupACAPSVerified77 Confidence: Low
Wafa AssuranceBVC: WAA
Largest Moroccan insurer
CCompositeAttijariwafa Bank / Al MadaDomestic privateACAPSVerified47 Confidence: Low
Maroc Assistance InternationaleBVC: BCP
Assistance; Registered as MAROC ASSISTANCE INTERNATIONAL
FFuneral / AssistanceBanque Centrale PopulaireDomestic privateACAPSVerified—
RMA Assistance
Assistance
FFuneral / AssistanceRMADomestic privateACAPSVerified—
Wafa IMA Assistance
Assistance
FFuneral / AssistanceAttijariwafa / IMADomestic privateACAPSVerified—
CAT (Compagnie d'Assurances Transport)
Transport specialist; Registered as CAT ASSURANCE ET RÉASSURANCE
GGeneral (Non-life)IndependentDomestic privateACAPSVerified—
La Marocaine VieEuronext Paris: GLE
Registered as MAROCAINE VIE
LLifeSociete GeneraleIAIGForeign multinationalACAPSVerified69 Confidence: Low
Mutuelle Taamine ChaabiBVC: BCP
Bancassurance life; Registered as MUTUELLE ATTAMINE CHAABI
LLifeBanque Centrale PopulaireMutual / cooperativeACAPSVerified76 Confidence: Low
Al Maghribia Takaful
Licensed 2022
TTakaful / IslamicBank of Africa / RMADomestic privateACAPSVerified—
AttakafuliaBVC: BCP
Licensed 2022; Registered as TAKAFULIA ASSURANCES
TTakaful / IslamicBanque Centrale PopulaireDomestic privateACAPSVerified—
Wafa TakafulBVC: ATW
Licensed 2022
TTakaful / IslamicAttijariwafa BankDomestic privateACAPSVerified—
Allianz Trade Maroc (ex-Euler Hermes ACMAR)FWB: ALV
Trade credit; Registered as EULER HERMES ACMAR
XSpecialty / Credit / CaptiveAllianz TradeIAIGForeign multinationalACAPSVerified71 Confidence: Low
Coface MarocEuronext Paris: COFA
Trade credit
XSpecialty / Credit / CaptiveCofaceForeign multinationalACAPSVerified—
Mutuelle Agricole Marocaine d'Assurance (MAMDA)
Mutual (by legal form in its name); separate licensee from MCMA, which row 72 is matched to; ownership not researched; Ownership type inferred from name; parent not researched
GGeneral (Non-life)Parent not named in registerMutual / cooperativeACAPSVerified—
Mutuelle d'Assurances des Transporteurs Unis (MATU)
Mutual (by legal form in its name); ACAPS decision P/EA/1.24 of 21 Nov 2024; ownership not researched; Ownership type inferred from name; parent not researched
GGeneral (Non-life)Parent not named in registerMutual / cooperativeACAPSVerified—
Africa First Assist
Formerly Saham Assistance, renamed by ACAPS decision P/EA/6.21 of 13 Aug 2021 (BO 7066, 17 Feb 2022); successor of row 78; ownership not researched
FFuneral / AssistanceParent not named in registerDomestic privateACAPSVerified—
Cover Edge
Formerly AXA Assistance Maroc, renamed by ACAPS Council decision after its 14 Dec 2023 meeting (BO 7280, 7 Mar 2024); ownership not researched
FFuneral / AssistanceParent not named in registerDomestic privateACAPSVerified—
Société Marocaine d'Assurance à l'Exportation (SMAEX)
Export-credit insurer; fiche gives the full name Société Marocaine d'Assurance à l'Exportation, decision P/EA/1.18 of 22 Jan 2018; ownership not researched; Registered as SMAEX
XSpecialty / Credit / CaptiveParent not named in registerDomestic privateACAPSVerified—
Atlantic Re
Formerly Société Centrale de Réassurance (SCR), renamed by ACAPS decision P/EA/2.25 of 31 Dec 2025 (BO 7480, 5 Feb 2026); licensed for reassurance and takaful reinsurance; successor of row 84, which carried CDG Group / SO; current ownership not researched
RReinsurerParent not named in registerDomestic privateACAPSVerified—
Taaouniyate Taamine Takafuli
ACAPS decision P/EA/10.21 of 28 Dec 2021; Rabat address; press reports it as owned by MAMDA/MCMA with BCP and Crédit Agricole du Maroc (not a register fact); ownership not researched
TTakaful / IslamicParent not named in registerDomestic privateACAPSVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

Former and deregistered companies

Names once listed in Morocco and no longer in use. A company that was renamed, merged or acquired is counted under the name it has today; the names below are counted in no total on this page.

Former nameWhat happenedListed today as
MAMDA ReNo longer on the registerNot recorded
Sanlam Assistance Maroc (ex-Saham Assistance)Renamed 13 August 2021Africa First Assist
Sanlam Takaful MarocNo longer on the registerNot recorded
SCR (Societe Centrale de Reassurance)Renamed 31 December 2025Atlantic Re

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