Now Available: The Insurance Industry in Morocco, Key Trends and Opportunities to 2016
The Moroccan insurance industry is one of the largest in the Arab region and the second largest in Africa. Insurance penetration in Morocco as a percentage of GDP stood at 3.6% in 2011. Morocco's insurance industry penetration stood highest in the region in 2011 despite low income levels and unfavorable demographics. However, the industry grew at a CAGR of 7.7% during the review period. This growth was driven by favorable government strategies to expand the insurance industry, such as compulsory...
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