Best’s Market Segment Report: The Maghreb – One Region, Three Unique Insurance Markets
Despite their geographic proximity and many commonalities, the insurance markets of Morocco, Algeria and Tunisia have significant differences economic, demographic and cultural.
- Despite their geographic proximity and many commonalities, the insurance markets of Morocco, Algeria and Tunisia have significant differences economic, demographic and cultural.
- A new AM Best report, The Maghreb One Region, Three Unique Insurance Markets, examines the long-term prospects of the three insurance markets of the Maghreb region.
- Over the past five years, all three Maghreb insurance markets have demonstrated solid growth trajectories, above global market averages.
- However, AM Best in its Bests Market Segment Report notes there are numerous challenges in the short- to medium-term, which have the potential to limit the regions insurance expansion.