Wafa Assurance 2025 key figures
- 7.0 billion MAD annual premiums all branches (+12% vs 2024)
- 24% global market share Morocco (1st player)
- 28% auto insurance market share, 22% complementary health, 26% home
- 1.8 million insured (individuals + professionals)
- Personnel: 2,800 employees
- 2025 net income: 1.2 billion MAD (+18%)
Wafa Takaful: Islamic insurance success
Wafa Takaful, dedicated Sharia-compliant Islamic insurance subsidiary launched by Wafa Assurance in 2022, presents in 2025 encouraging results: 380 million MAD annual premiums (+58% vs 2024), 32,000 active contracts (+45%), 28% Moroccan Takaful market share.
2026-2030 strategy: 5 priorities
Wafa Assurance 2026-2030 strategic plan presented in May 2026 by CEO Ramses Arroub articulates 5 structural priorities to maintain Moroccan leadership while accelerating African expansion and digital transformation.
Article based on official public data + wafir.ma expert sources. All cited statistics are verifiable with the mentioned organizations.
Tags
#Wafa Assurance#Morocco insurance#Market leader#Wafa Takaful#2030 Strategy