Morocco: Regulator, industry join forces to improve compulsory insurance
Source: Middle East Insurance Review | Nov 2025
The Insurance and Social Welfare Supervisory Authority (ACAPS) has announced a major new project: a compulsory multi-risk home insurance scheme, designed to protect property and people against disasters, which are still insufficiently covered at present.
Mr Abderrahim Chaffai, ACAPS president, said this at the 9th Annual Meeting of the National Federation of Insurance Agents and Brokers of Morocco (FNACAM) in Casablanca, according to local media reports.
The move behind making home insurance compulsory illustrates the growth potential of the Moroccan insurance market. Home insurance remains undersubscribed despite the significant risks that prevail that affect homes.
Mr Chaffai said that the compulsory insurance system remains heterogeneous and unevenly applied. Coordinated action is needed, he said, to “move from a dispersed framework to a coherent, transparent, and inclusive model”.
In this context, a joint study between ACAPS and the Moroccan Insurance Federation has identified two priority development levers:
- strengthening the protection of property, people and capital,
- and improving socio-financial inclusion, to make insurance products accessible to as many people as possible. M