Sanlam Maroc: Revenue Decreased by 1.24% by the End of September

By the end of September 2025, Sanlam Maroc reported a total revenue of 4,859 MDH, down from 4,920 MDH at the same time in 2024. This decline was largely attributed to a decrease in revenue from the Life branch, particularly in the bancassurance sector. However, this was offset by strong performance in the Non-Life branch. In the third quarter of 2025, Sanlam Maroc achieved a total revenue of 1,429 MDH, reflecting a 3.2% increase compared to the same period in 2024, primarily driven by the Non-Life branch. Investments allocated to insurance operations amounted to 17,696 MDH, an increase from 16,861 MDH at the end of December 2024. Additionally, net technical provisions from cedants grew by 4% compared to the end of December 2024.