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Wafa Assurance: 11% Profit Surge in 2025 Drives Expansion into Egypt
Wafa Assurance reported a robust 11% increase in consolidated profits for 2025, reaching 1.026 MDH. This growth, driven by strong performance in both Morocco and international markets, was significantly boosted by the consolidation of new Egyptian subsidiaries. Premiums surged 10.9% to 15,226 MDH, with both life and non-life segments showing double-digit gains. The company's financial health is further evidenced by a 19% rise in group equity to 14,960 MDH.