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Morocco hedges against disasters with mandatory home insurance

Morocco has considered introducing compulsory housing insurance in a bid to mitigate the economic impact it faces when the country is hit by natural disasters, most recently last year’s earthquake.

The Superintendency of Insurance and Social Welfare (ASWW), the government body tasked with monitoring the insurance sector and pension systems, has invited consulting firms to submit their bids before November 20th to conduct a study on compulsory housing insurance in Morocco.

Source:بوابة التامين الإقتصادية