AFMA is a quiet pillar of Morocco's insurance market. It does not sell policies itself; it advises companies on risk and places their coverage with insurers, earning a fee for the service. Full nameAFMA Assureur Conseil S.A. Tickers / exchangeAFMA / AFM — Casablanca Stock Exchange (listed 15 December 2015) HeadquartersCasablanca, Morocco SectorInsurance brokerage and advisory EmployeesNot published in available sources Market valueNot published in available sources Yearly sales (revenue)MAD 317 million (US$31.7 million) — FY2025, consolidated Net profitMAD 73 million (US$7.3 million) — FY2025, consolidated Net margin23.0% (our calculation) …
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