News Middle East05 Jun 2023

Morocco:Insurance sector could invest nearly US$3bn in private equity

| 05 Jun 2023

The insurance sector, which attracts vast savings, could invest up to MAD30bn ($2.95bn) in private equity, according to the Moroccan Federation of Insurance and Reinsurance Companies (FMSAR). Currently, private equity accounts for only 8% or MAD18bn of the total assets under management in the insurance sector that exceed MAD220bn.

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