Similar to many countries around the world, Morocco’s retirement system is at a crossroads, facing a challenging balancing act of maintaining coverage with an increasingly constrained set of financial circumstances. However, unlike many more developed countries beleaguered with an ageing population and falling birth rates, young people make up some 30% of Morocco’s population...
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Articles & Analysis | A balancing act: Reforming the pension system from The Report: Morocco 2014
Interviews & Viewpoints | OBG talks to Mohamed Hassan Bensalah, President, Moroccan Federation of Insurance and Reinsurance Companies from The Report: Morocco 2014
Which market niches do you anticipate will be major catalysts for growth in the insurance sector in 2014?
Articles & Analysis | In pursuit of growth: The sector records an increase in premiums, while new products are introduced to the market from The Report: Morocco 2014
With local insurers developing new products in an effort to reach currently unserved segments of the population, Morocco’s insurance market has become more competitive in recent years. As a result, the domestic penetration rate, or total premiums as a percentage of GDP, increased to 2.95% in 2012, up from 2.8% in 2011 and 2.3% in 2010. Indeed...
Articles & Analysis | Cemex: Cement from The Report: Mexico 2014
THE COMPANY: Cemex (CEMEXCPO), is a holding company primarily engaged in the production, distribution, marketing and sales of cement, ready-mix concrete, aggregates, clinker and other construction materials in more than 50 countries. The company is one of the largest cement groups globally, based on...
Articles & Analysis | Compartamos: Banking from The Report: Mexico 2014
THE COMPANY: Compartamos (GENTERA) is a microcredit bank and a leading provider of microfinance services, including loans, savings, insurance, methods of payment and financial literacy in Mexico. It is currently the largest institution in Latin America offering financial services to low-income...
Articles & Analysis | Empresas ICA: Construction from The Report: Mexico 2014
THE COMPANY: Empresas ICA (ICA) is the largest infrastructure, engineering, procurement and construction company in Mexico. The firm operates in government priority sectors that support the country’s economic development. ICA owns the strongest operative structure among national infrastructure...