Wafa Assurance reports 27.20 percent growth: what it means for Wafa Assurance stock

Published on 10/14/2026 at 01:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wafa Assurance booked MAD 10.031 billion in premiums in first-half 2026. For Wafa Assurance stock, net income reached MAD 760 million, up 9.80 percent.

Growth and market valuation

Wafa Assurance reported 27.20 percent premium growth for the first half of 2026.
Group net income reached MAD 760 million, up 9.80 percent year over year.
Wafa Assurance closed at MAD 4,990.00 on the Casablanca Stock Exchange on October 13, 2026.

WAA, MA0000011090, Illustration mit AI erstellt.

Wafa Assurance (MA0000011090) reported MAD 10.031 billion in group premiums for the first half of 2026, up 27.20 percent from the same period of 2025. The figures published by Alphabourse on September 19, 2026 also show group net income of MAD 760 million, a 9.80 percent year-over-year increase.

Premium growth reaches 27.20 percent

The result is driven by both the domestic business and international subsidiaries. Life premiums reached MAD 5.470 billion in the first half of 2026, rising 41.90 percent, while non-life premiums reached MAD 4.561 billion, up 13.30 percent, according to Industries.

IFRS insurance revenue increased 14.90 percent to MAD 5.006 billion in the first half of 2026. The company also reported consolidated equity attributable to the group of MAD 14.692 billion, down 1.80 percent as market developments affected the first six months.

What does the growth mean?

The mix matters for investors because the fastest-growing business was Life, where savings activity supported a 41.90 percent increase in premiums. The earnings gain was slower than premium growth, with group net income rising 9.80 percent to MAD 760 million, while the company-only result increased 2.70 percent to MAD 606 million.

That gap gives the half-year figures a more nuanced reading. Revenue expansion was broad, but profitability grew at a slower rate than premiums, and the 1.80 percent decline in consolidated equity shows the sensitivity of the balance sheet to financial-market conditions.

Casablanca valuation and listing

Wafa Assurance is listed on the Casablanca Stock Exchange under ticker WAA.MA and operates as a multi-line insurance company. The listing and business profile are identified by mystocks.africa.

On October 13, 2026, Wafa Assurance closed at MAD 4,990.00 on the Casablanca Stock Exchange. The level followed a 4.72 percent session gain, placing the stock among the stronger performers in that market report.