Morocco · North Africa · class C

Composite insurance companies in Morocco

7 licensed composite insurers, 32% of the 22 insurance entities supervised by the Autorite de Controle des Assurances et de la Prevoyance Sociale. Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
AXA Assurance MarocCCompositeAXAForeign multinationalACAPSUnverified
Allianz Maroc
Formerly Zurich Maroc
CCompositeAllianzForeign multinationalACAPSUnverified
AtlantaSanad Assurance
Merger of Atlanta and Sanad
CCompositeHolmarcom GroupDomestic privateACAPSUnverified
MAMDA-MCMA
Agricultural mutual group
CCompositeMutualMutual / cooperativeACAPSUnverified
RMA (Royale Marocaine d'Assurance)CCompositeFinanceCom / O Capital GroupDomestic privateACAPSUnverified
Sanlam Maroc
Formerly Saham Assurance
CCompositeSanlam AllianzPan-African groupACAPSUnverified
Wafa Assurance
Largest Moroccan insurer
CCompositeAttijariwafa Bank / Al MadaDomestic privateACAPSUnverified

About composite insurers in Morocco

How many composite insurers are licensed in Morocco?

7 of the 22 licensed insurance entities in Morocco are classified as composite (32%), according to the ACAPS register as reflected in this directory (not verified in this pass).

Who regulates composite insurers in Morocco?

Autorite de Controle des Assurances et de la Prevoyance Sociale (ACAPS), under Code des Assurances; SBR risk-based solvency. Official website: https://acaps.ma.

Are the composite insurers in Morocco locally or foreign owned?

3 of 7 belong to pan-African or foreign multinational groups (including AXA, Allianz, Sanlam Allianz), 0 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/morocco.json (filter byclass = "composite"). Licence CC BY 4.0, attribute KAFS North America.