The national pension system is undergoing a change after both houses of parliament approved reforms in mid-2016 that will see the retirement age for public sector workers rise in order to keep the main pension fund on an even footing. Recent regulatory reforms in the insurance industry will also increase opportunities to sell complementary...
What are the practical benefits of the creation of an independent insurance regulator? BOUBRIK: ACAPS aims to meet the best international standards in terms of organisation and governance, with enhanced financial and human resources. The board of the authority is mainly independent and includes a representative of the minister of...
COMPANY OVERVIEW: Founded in 1919 and listed on the Casablanca Stock Exchange since 1943, Société des Brasseries du Maroc (SBM) is a brewer with a market share of more than 95% in Morocco. The company’s activities include beer production (86% of consolidated revenues), mineral water production and...
Already the largest and best developed in North Africa, the Moroccan insurance market is currently undergoing a range of reforms aimed at cementing its stability and further boosting premiums growth. These should soon see the launch several new products, as well as allowing firms to more easily build up their distribution networks, among other...
COMPANY OVERVIEW: Founded in 1985 and listed on the Casablanca Stock Exchange since 2008, Label Vie (LBV) is the number two in the modern distribution sector in Morocco with a 30% market share in terms of surface area (vs. 54% for Marjane/ Acima). The company operates three business segments:...
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