AtlantaSanad Assurance: Consolidated Net Income Up 10.4% in the First Half

In the first half of this year, AtlantaSanad Assurance recorded a revenue of 3,663 MDH, reflecting an 18.3% increase compared to the same period in 2024. This growth is attributed to significant developments in both the Life and Non-Life sectors. The Life segment saw a remarkable increase of 55.9%, reaching 1,043 MDH. This performance is largely due to a new bancassurance partnership with Crédit du Maroc and the positive contributions from historical partners. In the Non-Life segment, revenue amounted to 2,620 MDH, representing an 8% increase compared to the end of June 2024. This upward trend was evident across all Non-Life branches. Additionally, the financial result stood at 561 MDH, up by 11.6%, benefiting from a favorable financial environment and effective asset management. The company's net income reached 273 MDH, marking a 4.8% increase driven by improved technical margins. On a consolidated basis, the company reported a revenue of 3,663 MDH, up 18.3% compared to June 2024. The consolidated net income was recorded at 276 MDH, reflecting a 10.4% increase.