Wafa Assurance: results as at 30 September 2025

Wafa Assurance has released its key consolidated figures for the first nine months of 2025.

Turnover reached 10.919 billion MAD (1.2 billion USD), representing a 7.6% increase compared to the same period last year.

Non-life premiums grew by 11.2%, totaling 5.43 billion MAD (591.9 million USD). Meanwhile, life insurance premiums increased by 4.3%, reaching 5.489 billion MAD (598.3 million USD) compared to the first nine months of 2024.

Technical and financial liabilities, calculated in accordance with IFRS standards, rose by 8.6% to 51 billion MAD (5.6 billion USD) at end-September 2025.

Investments totaled 69 billion MAD (7.5 billion USD), reflecting a 15.4% year-on-year increase.