Turnover up 8.1% at the end of March

Saham Assurance Maroc achieved an overall turnover of 2.04 billion DH at the end of March, up 8.1% compared to the same period of 2021. According to the results revealed by the insurer, the Non-Life activity posted a turnover of 1.79 billion DH, up 10.3% year-on-year, while the Life activity stood at 251 million DH, a decrease of -5.2 %. At the end of March, investments allocated to insurance operations amounted to MAD 15.43 billion, down slightly (-0.9%) compared to the end of December 2021. Regarding net technical provisions from assignees, they change by 2% compared to the end of December 2021.