—
The investments of insurance companies in inventory value grew by 7.7% to reach 210.3 billion dirhams (MMDH) in 2021, according to the 9th annual report on financial stability, published by Bank Al-Maghrib ( BAM), the Insurance and Social Welfare Supervisory Authority (ACAPS) and the Moroccan Capital Market Authority (AMMC).
By integrating exclusive reinsurers, these investments amount to 221.3 billion dirhams, an increase of 7.5% compared to 2020, the report says.
→ Read also: Morocco: International financing conditions, an insurance factor (AGR)
In detail, investments allocated to insurance operations rose by 7.1% to 185.7 billion dirhams, while free investments increased by 12.4% to 24.6 billion dirhams.
Analysis of the structure of the asset portfolio shows continued strong exposure to the equity component, which saw its share increase to 45.8% of total assets.
Rate assets, meanwhile, remain the leading investment instrument for insurance companies with a share of 47.8%.
With MAP
–
–