Morocco among 3 important African insurance markets
Thursday, 12 15 2016, Category: Insurance and Reinsurance, Country: Morocco
Morocco was successful in proving itself as one of the first three insurance markets in Africa in addition to Nigeria and Kenya due to its political stability, economic size and diversity and strong regulations.
According to the annual report “African Pulse 2016” issued on Wednesday, Morocco is among the three insurance markets that posted a strong growth.
The source added that premiums written in Morocco reached USD 3.1 billion in year 2015, where Morocco is considered as the second African insurance market after South Africa.
Source: Al Ayam 24