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Casablanca Stock Exchange

Last update 19 Jun 2026

SANLAM MAROC · SAH.CS

Morocco · Financials · Insurance · MAD

Price history

Sanlam Maroc is a Moroccan insurance company offering life and non-life insurance products to individuals, professionals, students and businesses. Its portfolio includes motor, marine, health, life, pension, fire, technical risk, natural disaster, driver and passenger protection, and vehicle damage coverage. The company distributes through a national agency network and serves both personal and commercial risk needs. Its business model depends on underwriting discipline, claims management, distribution reach, premium growth, reinsurance arrangements and demand for protection and savings products in Morocco. Key business drivers include customer demand, pricing discipline, operating efficiency, distribution reach and access to financing.

Fundamentals

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Metric  (MAD, B) 2025 2024 2023 2022 2021
Revenue Total Revenue 9
EBITDA
EBIT 2
Net income Net Income 1
Operating margin 28%
Net margin 16%