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Licensed list · Africa · North Africa · MA

Licensed insurance companies in Morocco (2026)

VerifiedVerified against the ACAPS register, checked 2 Sept 2026.

The 25 insurance companies licensed in Morocco in 2026, as recorded by the Autorite de Controle des Assurances et de la Prevoyance Sociale (ACAPS), with the class of business and ownership each one is registered under.

25Licensed operators
2Life8% of entities3General (non-life)12% of entities6Cross-border groups19 domestically owned

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%

“Cross-border groups” counts foreign multinationals and pan-regional groups; “domestically owned” counts domestic private, state-owned, mutual and captive entities. The register records the parent’s type, not its home market. How ownership is recorded

Licensed insurers in Morocco

All 25 entities.

InsurerClassOwnershipGroupVerification
Allianz MarocCCompositeForeign multinationalAllianzVerified
Allianz Trade Maroc (ex-Euler Hermes ACMAR)XSpecialty / Credit / CaptiveForeign multinationalAllianz TradeVerified
AXA Assurance MarocCCompositeForeign multinationalAXAVerified
La Marocaine VieLLifeForeign multinationalSociete GeneraleVerified
Sanlam MarocCCompositePan-African groupSanlam AllianzVerified
Coface MarocXSpecialty / Credit / CaptiveForeign multinationalCofaceVerified
Wafa TakafulTTakaful / IslamicDomestic privateAttijariwafa BankVerified
Africa First AssistFFuneral / AssistanceDomestic private—Verified
Al Maghribia TakafulTTakaful / IslamicDomestic privateBank of Africa / RMAVerified
AtlantaSanad AssuranceCCompositeDomestic privateHolmarcom GroupVerified
Atlantic ReRReinsurerDomestic private—Verified
AttakafuliaTTakaful / IslamicDomestic privateBanque Centrale PopulaireVerified
CAT (Compagnie d'Assurances Transport)GGeneral (Non-life)Domestic privateIndependentVerified
Cover EdgeFFuneral / AssistanceDomestic private—Verified
MAMDA-MCMACCompositeMutual / cooperative—Verified
Maroc Assistance InternationaleFFuneral / AssistanceDomestic privateBanque Centrale PopulaireVerified
Mutuelle Agricole Marocaine d'Assurance (MAMDA)GGeneral (Non-life)Mutual / cooperative—Verified
Mutuelle d'Assurances des Transporteurs Unis (MATU)GGeneral (Non-life)Mutual / cooperative—Verified
Mutuelle Taamine ChaabiLLifeMutual / cooperativeBanque Centrale PopulaireVerified
RMA (Royale Marocaine d'Assurance)CCompositeDomestic privateFinanceCom / O Capital GroupVerified
RMA AssistanceFFuneral / AssistanceDomestic privateRMAVerified
Société Marocaine d'Assurance à l'Exportation (SMAEX)XSpecialty / Credit / CaptiveDomestic private—Verified
Taaouniyate Taamine TakafuliTTakaful / IslamicDomestic private—Verified
Wafa AssuranceCCompositeDomestic privateAttijariwafa Bank / Al MadaVerified
Wafa IMA AssistanceFFuneral / AssistanceDomestic privateAttijariwafa / IMAVerified

Full table for Morocco ↗

Regulatory intelligence: Morocco

Read from the register, not written for this page: the supervisor’s regime, the source the list was checked against, and the market notes recorded alongside it.

Regime
Code des Assurances; SBR risk-based solvency
Register source
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
Verification
Verified against the regulator 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

No market event is recorded against this register for 2026. The regime and source above are the standing facts.

Governing legislation

  • Law 64-12; Insurance Code, Law 17-99 · Institutional and insurance framework

    Law 64-12 creates ACAPS; its remit combines insurance supervision with social-protection oversight under the relevant sector laws.

Verification log

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.

For B2B teams and AI agents

The same rows as static JSON, no key, CORS open, CC BY 4.0. Paged files stay under 96 KB so an agent’s fetch tool never truncates them.

curl -s https://insurers.global/api/v1/countries/morocco.json
curl -s https://insurers.global/api/v1/countries/morocco/insurers/pages/1.json
  • MCP: connect https://insurers.global/mcp and call get_country_summary with { "country": "morocco" }, or list_insurers with country, limit and offset for paged rows.
  • OpenAPI 3.1: /api/v1/openapi.json · WebMCP: /.well-known/webmcp.json · Guide: /ai/ · llms.txt
  • Dataset version 2026-09-08+3f3925fad259; every response carries version, verified and licence.