Wafa Assurance has announced a strong performance in the first half of 2026, with consolidated premiums reaching 10.031 billion dirhams (MMDH), representing a 27.2% increase from the same period last year. This growth is attributed to both the company's performance in Morocco and its increasing contribution from international activities. The company's board of directors, chaired by Boubker Jai, met on September 17, 2026, to review the company's activity and approve the semi-annual accounts as of June 30, 2026.
In the life insurance segment, Wafa Assurance's premiums issued reached 5.470 MMDH, marking a significant increase of 41.9%. This growth is primarily driven by the performance of the savings activity, which recorded a substantial collection during the semester. The company's non-life insurance segment also showed a positive trend, with premiums issued amounting to 4.561 MMDH, representing a 13.3% growth. This increase is supported by the good performance of all branches in Morocco and the dynamic activity at the international level.
Wafa Assurance's insurance revenues, calculated according to IFRS standards, stood at 5.006 MMDH, up 14.9% from the same period last year. This growth is in line with the company's increasing activity. The company's net result, part of the group (RNPG), reached 760 million dirhams (MDH), representing a 9.8% increase compared to the first half of 2025. This performance is based on the solidity of the results in Morocco and the increased contribution from international subsidiaries, particularly in Egypt, which have been consolidated since the fourth quarter of 2025.
The company's growth is driven by its dynamic performance in Morocco and internationally. Wafa Assurance's activities in Egypt, which were consolidated in the fourth quarter of 2025, have made a significant contribution to the company's results. The company's board of directors has expressed satisfaction with the company's performance and is confident about its future prospects.
Wafa Assurance's performance in the first half of 2026 reflects the company's ability to adapt to changing market conditions and its commitment to delivering high-quality services to its clients. The company's growth strategy is focused on expanding its activities in Morocco and internationally, while maintaining its financial solidity.
The company's results are a testament to its strong technical and financial performance. Wafa Assurance's ability to generate significant premiums and revenues has enabled it to maintain a solid financial position. The company's management team, led by Boubker Jai, has demonstrated its ability to drive growth and improve performance.
Wafa Assurance's strong performance in the first half of 2026 is expected to have a positive impact on the company's future prospects. The company's growth strategy and its commitment to delivering high-quality services are likely to drive its future success. The company's results will be closely watched by investors and analysts in the coming months.
Key points
- Wafa Assurance's consolidated premiums reach 10.031 billion dirhams, up 27.2% year-on-year.
- The company's net result, part of the group (RNPG), reached 760 million dirhams (MDH), representing a 9.8% increase compared to the first half of 2025.
- Wafa Assurance's insurance revenues stood at 5.006 MMDH, up 14.9% from the same period last year.
