Acquiring Company
Wafa Assurance
Acquired Company
La Marocaine Vie
MoroccoMoroccoInsurtechInsuranceHealth CareInsuranceDescription
Wafa Assurance agreed to take a 99.98% stake in La Marocaine Vie from Saham Group, announced on 12 November. The purchase price was not disclosed, and the deal remains subject to approval from Morocco's insurance regulator and the Competition Council. The companies also agreed a long-term bancassurance partnership with Saham Bank.
Quick answer
Wafa Assurance is acquiring La Marocaine Vie, announced November 12, 2026. Wafa Assurance is based in Morocco.
- How much did Wafa Assurance pay for La Marocaine Vie?
- The deal value was not disclosed.
- What does Wafa Assurance do?
- Wafa Assurance is one of Morocco’s leading insurance companies, specializing in various insurance products.
- Where are Wafa Assurance and La Marocaine Vie based?
- Wafa Assurance is based in Morocco. La Marocaine Vie is based in Morocco.
Source: Fundz verified event record.
Other recent acquisitions in Insurtech and Insurance
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- Sumitomo Life acquires Singlife for S$4.6 billion, $4.6B (October 16, 2026)
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Who to call at Wafa Assurance, and when
When Wafa Assurance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Wafa Assurance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wafa Assurance, from your own LinkedIn network
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Frequently asked
Who acquired La Marocaine Vie?
La Marocaine Vie was acquired by Wafa Assurance, based in Morocco. The deal was reported on November 12, 2026. Wafa Assurance is one of Morocco’s leading insurance companies, specializing in various insurance products. It has a strong presence in the Moroccan market and operates a life insurance subsidiary in Egypt. Wafa Assurance is privately held and operates in Insurtech.
When did Wafa Assurance acquire La Marocaine Vie?
Wafa Assurance's acquisition of La Marocaine Vie was reported on November 12, 2026. Wafa Assurance agreed to take a 99.98% stake in La Marocaine Vie from Saham Group, announced on 12 November. The purchase price was not disclosed, and the deal remains subject to approval from Morocco's insurance regulator and the Competition Council. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does La Marocaine Vie do?
La Marocaine Vie is a Moroccan life insurer operating since 1978, providing life, health, savings, retirement and employee-benefit products. It generated MAD2.5 billion in gross premiums in 2025, about 4% of Morocco's insurance market. It is privately held, operating in Health Care, and is based in Morocco.
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