News2025-11-28

AtlantaSanad Assurance: Revenue Increases by 14.9% as of September 30

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AtlantaSanad Assurance: Revenue Increases by 14.9% as of September 30
As of September 30, 2025, Atlantasanad Assurance achieved a revenue of 4.539 billion MAD, marking a 14.9% increase compared to the same period in 2024, which translates to an increase of 588 million MAD. The non-life segment reported a revenue of 3.174 billion MAD, showing a growth of 4.9% from the end of September 2024, equating to an increase of 147 million MAD. In contrast, the life insurance revenue reached 1.365 billion MAD, reflecting a substantial rise of 47.7%, or 441 million MAD, attributed to the development of the bancassurance partnership with CDM and the company's historical partners. For the third quarter of 2025, Atlantasanad Assurance recorded a total revenue of 876 million MAD, which is a 2.5% increase compared to the same period in 2024, amounting to an increase of 21 million MAD. In the non-life segment, the revenue was 554 million MAD, representing a decline of 7.8%, or 47 million MAD. Conversely, the life insurance segment generated a revenue of 322 million MAD, marking a growth of 26.8%, or 68 million MAD.

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AtlantaSanad Assurance: Revenue Increases by 14.9% as of September 30