Morocco: Life business lifts insurance market by almost 8% in 2025
Source: Middle East Insurance Review | Apr 2026
Morocco’s insurance sector continued to expand in 2025, with the growth of the life insurance business outpacing the non-life segment.
Total premiums written by insurers and reinsurers rose to over MAD64.3bn ($7.03bn), a 7.9% increase from 2024, according to preliminary data for 2025 from the industry regulator, the Insurance and Social Security Supervisory Authority (ACAPS).
The inflation rate in the Kingdom in 2025 averaged 0.8%.?While both major branches of business expanded, life insurance premiums increased by 8.6% to MAD29.5bn, and non-life premiums rose by 7.3% to MAD34.8bn.
Life insurance accounted for 45.8% of the total premiums while non-life insurance dominated with a market share of 54.2%. M