Tag: Solidarity Fund
Finance Headlines International Morocco

Morocco receives $275 million in Solidarity Fund against catastrophic events

North Africa PostComments Off on Morocco receives $275 million in Solidarity Fund against catastrophic events

A parametric insurance pool, facilitated by reinsurance broker Gallagher Re, paid out $275 million to Morocco’s Solidarity Fund against Catastrophic Events (FSEC), responding to the 7-magnitude earthquake that rattled Al-Haouz region on September 8, 2023, Middle East Insurance Review reported earlier this month. The insurance broker confirmed last year that it was in touch with […]
Blogs Community Headlines Maghreb Morocco

Morocco: King Mohammed VI chairs council of ministers

North Africa PostComments Off on Morocco: King Mohammed VI chairs council of ministers

Morocco’s King Mohammed VI chaired on Thursday at the Royal Palace in Rabat a Council of Ministers devoted to examining the general guidelines of the 2024 Finance Bill and approving a bill and a draft decree relating to the military field, three international conventions and a number of appointments to high office, said a press […]