Morocco: Insurance industry bags net profits of US$428m in 2023

Published on August 1, 2024
Insurance companies in Morocco generated a net profit of MAD4.2bn ($428m) in 2023, 6.2% higher than in 2022, states the central bank, Bank Al-Maghrib (BAM), in its annual financial stability report
Continue reading on website
Other news

Michael Eberhardt named Managing Director and CUO of Hannover Re Bermuda

August 1, 2024
Global reinsurer Hannover Re has announced the appointment of Michael Eberhardt as Managing Director and Chief Underwriting Officer (CUO) of Hannover Re Bermuda.Eberhardt brings nearly two decades of industry experience in various management roles to his new position.He joined Hannover Re in June 2006 as a Senior Underwriter in the structured reinsurance division of Hannover Re Advanced Solutions,

Miller continues european expansion with 4809 Brokers AG acquisition

August 1, 2024
Independent specialist re/insurance broker Miller has announced the acquisition of reinsurance capital advisory business 4809 Brokers AG, its third European acquisition as it continues its expansion in the continent.Miller stated this acquisition is consistent with its reinsurance strategy, which is focused on growth opportunities in the value-add and advisory parts of the market.4809 Brokers was