Insurance: Premiums Issued Increase by 10.2% in the Second Quarter of 2025

The life insurance sector generated 8.9 billion dirhams in premiums, reflecting an 8.1% increase year-on-year. Savings in dirhams remain dominant, amounting to 7.55 billion dirhams, which is a rise of 5.8%. In contrast, savings in unit-linked accounts surged by 70.8% to 490.7 million dirhams, indicating a growing interest among policyholders in diversified investments. The death segment showed more modest growth, reaching 871.8 million dirhams, up by 5.6%. The non-life sector recorded 7.8 billion dirhams in premiums, marking a 12.7% increase. The automobile segment continues to be the driving force, contributing 3.78 billion dirhams, which is a 9.2% rise. Personal accident insurance premiums increased by 10.9% to 1.57 billion dirhams, with 1.39 billion dirhams attributed to health insurance. For the first six months of 2025, total premiums issued reached 34.9 billion dirhams, representing a 7% increase compared to the first half of 2024. The life insurance branches contributed 14.9 billion dirhams, up by 8.1%, while the non-life segment totaled 20 billion dirhams, reflecting a 6.2% increase.