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Wafa Assurance Sa (Morocco)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Wafa Assurance Sa Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Wafa Assurance Sa is a company based in Morocco, with its head office in Casablanca. The company operates in the Direct Life, Health, and Medical Insurance Carriers industry. Wafa Assurance Sa was incorporated on 1972. It currently has a total number of 501 - 1,000 (2024) employees. In Q2C2024, the company reported a net sales revenue increase of 8.02%. During that time, Wafa Assurance Sa’s total assets grew by 11.54%.

Headquarters
1.Boulevard Abdelmoumen
Casablanca; Casablanca-Settat; Postal Code: 20100

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Website: http://www.wafaassurance.ma

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1972
Key Executives
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Executive Vice President
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Executive Vice President
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Executive Vice President
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Executive Vice President
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Chairperson
Ownership Details
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79.29%
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20.71%
Subsidiaries
Fcp Expansion
100%
Fcp Optimisation
100%
Fcp Securite
100%
Company Performance
Financial values in the chart are available after Wafa Assurance 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
8.02%▲
Operating profit (EBIT)
24.77%▲
Net Profit (Loss) for the Period
15.34%▲
Total assets
11.54%▲
Investments
-2.67%▼
Receivables
10.09%▲
Total equity
15.56%▲
Net Premiums Earned Trend
-2.82%▼
Net Profit Trend
15.26%▲
Return on Equity (ROE)
-0.01%▼
Loss Ratio
-2.65%▼
Underwriting Expenses Ratio
-2.42%▼

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