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Saham Assurance: The RN increases by 79.3% in 2021

In detail, the turnover of the non-life activity amounted to 4.703 billion DH, up 9.2%, while that of the life activity amounted to 919 MDH, up 12, 2%. During the 4th quarter of 2021, non-life turnover reached 1.061 billion dirhams (+15.3%), and that of life activity amounted to 207 million dirhams, down 9.6% compared to Q4-2020.
Investments allocated to insurance operations amounted to MAD 15.585 billion, up +5.4% compared to the end of December 2020. Net technical provisions on the part of assignees evolved, from their share, by +3% compared to the end of December 2020.
Regarding the company’s equity, they amounted to 4.756 billion DH at the end of December 2021, against 4.478 billion DH in 2020, an increase of 6.2%.
In addition, the press release indicates that the Company’s Board of Directors has decided to propose to the Ordinary General Meeting the distribution for the 2021 financial year of a dividend of 35 dirhams per share against 20 dirhams in 2020.

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