Casablanca Stock Exchange, Insurance

AtlantaSanad

Moroccan insurer formed by combining Atlanta and Sanad, part of the Holmarcom group.

At a glance

AtlantaSanad insures individuals and companies in non-life (motor, health, business risks) and life. It sells through agents, brokers and bancassurance.

History

Atlanta was founded in 1947 and listed in 2007. It owned almost all of Sanad, another insurer. In September 2020 the two companies merged to form AtlantaSanad Assurance, as part of the reorganisation of the Holmarcom group’s finance arm.

Latest published results

In the first half of 2026, revenue rose 8.6% to MAD 3.98 billion, of which MAD 2.86 billion in non-life (+9%) and MAD 1.12 billion in life (+7.6%). The technical result rose 6.2% to MAD 325 million and consolidated net income 4.4% to MAD 288 million.

What to watch

Expansion of the distribution network and the financial result, which depends on markets.

Key dates

  1. 1947

    Atlanta founded.

  2. 2007

    First listing on the Casablanca Stock Exchange.

  3. 2020

    Merger of Atlanta and Sanad, approved on 25 September: AtlantaSanad Assurance is born.

  4. 2026

    Half-year revenue of MAD 3.98 billion, up 8.6%.

Sources: Boursenews, AtlantaSanad : résultat net consolidé du premier semestre 2026, September 22, 2026; African Markets, fiche société AtlantaSanad, October 29, 2026; TelQuel, AtlantaSanad Assurance, une nouvelle compagnie est née, September 30, 2020.

Profile updated on October 29, 2026.

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