Moroccan insurance market: H1 2025 results

November 11, 2025

Tour Hassen RabatThe Moroccan insurance market recorded a turnover of 37.7 billion MAD (4.2 billion USD) in the first half of 2025, representing a year-on-year increase of 7.7%.

Premium volumes are broken down as follows:

  • Non-life insurance: 19.6 billion MAD (2.2 billion USD)
  • Life insurance: 14.9 billion MAD (1.6 billion USD)
  • Reinsurance acceptances: 3.2 billion MAD (354 million USD)

The sector’s combined net profit (insurance and reinsurance) rose by 14.4% to 3.5 billion MAD (387.1 million USD).

Regarding the Takaful segment, market turnover reached 66 million MAD (7.3 million USD), up 51.4% year-on-year. The Retakaful fund, managed by the national reinsurer Atlantic Re through a dedicated window, recorded a 28.5% drop in premiums to 2 million MAD (221 220 USD).

These half-year results were published by the Supervisory Authority of Insurance and Social Welfare (ACAPS).


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