Morocco Sanctions 167 Insurance Brokers for Regulatory Violations
– bySaid
· 1 min read
Some 167 insurance brokers operating in Morocco have been sanctioned for shortcomings, according to the Insurance and Social Welfare Control Authority (ACAPS).
In its 2020 annual report published a few days ago, the ACAPS states that it has sanctioned 49 insurance agents and 18 insurance brokers. Warnings have also been given to 53 insurance agents and 19 insurance brokers, while 18 insurance agents and 8 insurance brokers have received a reprimand.
Among the sanctioned insurance brokers, 13 will have to pay fines.
During the year 2020, the ACAPS received 2,379 complaints, up 24% compared to 2019, when it received 1,915 complaints.
Category: Morocco
Keywords:
Related Articles
-
220 dirhams on construction sites, up to 400 in the fields: Morocco lacks workers
25 August 2026
-
This Israeli company equips defense giants and also has clients in Morocco
24 August 2026
-
After three days in Algeria, a sanctioned Russian ship passes near Morocco
24 August 2026
-
In Brussels, a Moroccan name and being over 50: the profile most disadvantaged in hiring
24 August 2026
-
Morocco Has a New Billionaire Forbes Has Yet to Spot
24 August 2026