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Sanlam Maroc Sa (Morocco)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Sanlam Maroc Sa Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sanlam Maroc Sa is a leading financial group located in Casablanca, Morocco. Founded in 1918 as a life insurance company, Sanlam has since evolved into a diversified financial services company. In Morocco, Sanlam is a leader in the field of Non-Life insurance, particularly in automobile and health insurance. With over 481 general agents, Sanlam has the most extensive exclusive network in Morocco, allowing it to have a strong regional presence and develop a policy of proximity with its clients. The company offers complete and personalized financial solutions for individual and institutional clients in all market segments. Sanlam Maroc Sa operates in various areas including insurance (life and general), financial engineering, pensions, trusts, wills, property and casualty, asset management, risk management, capital markets activities, and wealth management.

Headquarters
216, Boulevard Zerktouni
Casablanca; Casablanca-Settat; Postal Code: 20000

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Website: http://sanlam.ma/fr/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1949
Key Executives
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Chairperson
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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85.59%
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7.13%
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5.06%
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2.22%
Subsidiaries
Agdal Sale
100%
Errahma
100%
Espace Developpement
100%
Company Performance
Financial values in the chart are available after Sanlam Maroc Sa report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MAD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-0.17%
Operating profit (EBIT)
130.56%
Net Profit (Loss) for the Period
80.68%
Total assets
6.08%
Investments
8.83%
Receivables
0.08%
Total equity
7.67%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
2.76%
Loss Ratio
-1.89%
Underwriting Expenses Ratio
-11.1%

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