On April 24, 2026, the Director General of Morocco's Insurance and Social Welfare Supervisory Authority (ACAPS) announced the completion of a new risk-based solvency (SBR) framework. The announcement was made during a conference in Rabat, as reported by the Moroccan news agency MAP.
The framework aims to align Moroccan insurance regulation with international standards, particularly the Solvency II model used in the European Union. It introduces risk-based capital requirements and enhanced governance requirements for insurers operating in Morocco.
ACAPS stated that the new framework will be implemented gradually, with insurers required to submit transitional reports starting in 2027. The authority emphasized that the reform is designed to strengthen the resilience of the Moroccan insurance sector and protect policyholders.
No specific financial impact figures or implementation deadlines beyond the transitional reporting phase were provided by ACAPS at the event.
