WA
Wafa Assurance
#1 life insurance in Morocco
4.4/5(1876)Founded in 1972Casablanca250 branches in Morocco
Introduction
Wafa Assurance is Morocco's leading insurer with 23% market share in 2024. 100% subsidiary of Attijariwafa Bank.
History and ownership
Founded 1972, acquired by BCM-Wafabank in 2000.
Products offered
Wafa Auto (All-Risk)
Full coverage
Wafa Home
Multi-risk
Moroccan banks do not publish rate cards: yours depends on your profile, your down payment, the term and negotiation. The only public benchmark is Bank Al-Maghrib's quarterly lending rate survey, which puts the average mortgage rate at 5.06% in the second quarter of 2026 and consumer credit at 6.81%.
Pros
- Market leader
- Complete range
Cons
- Mid-high pricing
Who is this bank for?
Suitable for all profiles.
Our opinion
Wafa Assurance is a safe choice.
Compare with other institutions
Discover all 2026 offers in 2 minutes, free and no-commitment.
Compare offers