Morocco: Regulator studies launching compulsory home insurance

Source: Middle East Insurance Review | Feb 2025

The Insurance and Social Security Supervisory Authority in Morocco is currently conducting a feasibility study on the introduction of mandatory home insurance. This approach is part of a comprehensive vision of protection against home-related risks and modernisation of the insurance framework in Morocco, reported Hespress.

This study marks a crucial step in efforts to improve the resilience of households and the real estate sector. Despite significant progress in access to housing in Morocco, multi-risk home insurance remains largely low, particularly for bank-loans financed homes.

The Al Haouz earthquake in September 2023 highlighted the vulnerability of Moroccan households, many of whom were left unprotected against the costs incurred by disasters. M

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