The Moroccan University of Insurance Reveals Major Reforms in the Sector in Its New Issue
The Moroccan University of Insurance has announced the release of the eleventh edition of its biannual newsletter, “Insurance Bulletin,” amidst a backdrop of accelerating structural reforms within the insurance sector in Morocco, marking a new phase in the actual implementation of regulatory and institutional updates.
This edition provides a comprehensive overview of significant advancements within the sector during 2025, covering operational, organizational, and institutional aspects, alongside international developments that highlight ongoing efforts aimed at strengthening market resilience and adapting to economic and technological transformations.
The bulletin underscores a pivotal phase characterized by the effective launch of the National Register of Insured Vehicles (RNVA) and advancements in digitizing car insurance certificates through the adoption of QR codes, as well as the gradual implementation of a multi-channel payment system for car insurance premiums, enhancing transparency and service quality.
On the regulatory front, the issue discusses progress made regarding amending the decree issued on October 2, 1984, concerning bodily accident claims, the adoption of new criteria for pricing compulsory civil liability insurance for vehicles, and continued work on the risk-based solvency framework, along with aligning national accounting standards with International Financial Reporting Standards (IFRS).
The bulletin also addresses social issues and the protection of policyholders, providing a progress report on mandatory health insurance, the anticipated transition of policyholders under Article 114 to the National Social Security Fund (CNSS), and ongoing discussions regarding the potential imposition of mandatory housing insurance in light of increasing climate risks.
In the context of promoting governance and inclusion, the bulletin highlights the adoption of a gender-responsive approach charter by all insurance and reinsurance companies, alongside initiatives aimed at combating fraud and promoting integrity within the system. It also delves into the expanding international presence of the sector, through active participation by the university and industry professionals in major regional and international events across Africa, the Middle East, and Europe.
The issue dedicates a special segment to defining the role of the internal control and compliance officer as a strategic function at the core of governance, risk management, and ensuring regulatory compliance within insurance and reinsurance companies.
The issue concludes with key figures for the first half of 2025, reaffirming the robustness of the Moroccan insurance market and its continued positive dynamics, reflecting the sector’s ability to balance transformation, stability, and proactivity, while reiterating the commitment of the Moroccan University of Insurance to support stakeholders and enhance the continuous modernization of the sector in service of policyholders and bolstering its role in the nation’s economic and social development.
