Casablanca Stock Exchange, Insurance

AGMA

Moroccan insurance broker serving companies.

At a glance

AGMA places and manages companies’ insurance policies with insurers: health, protection, property and liability.

History

AGMA was founded in 1964 and was formerly called AGMA Lahlou-Tazi. It places insurance and reinsurance contracts for large companies, SMEs and individuals. It has been listed on the Casablanca Stock Exchange since 1998.

Latest published results

In the first half of 2026, consolidated revenue rose 4.9% to MAD 100.8 million, helped by new business. Recurring operating income edged down (-1.7%). Net income attributable to the group reached MAD 39.1 million (+1.7%).

What to watch

The outcome of the tax audit opened in June 2026, for which the company had received no notification at the time of publication.

Key dates

  1. 1964

    Company founded.

  2. 1998

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Tax audit notice received on 2 June covering 2022 to 2025; audit in progress.

Sources: Boursenews, AGMA : RNPG du premier semestre 2026, September 22, 2026; African Markets, fiche société AGMA, October 29, 2026.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.