Allianz’s regional Chief Executive Officer Africa, Coenraad Vrolijk, explained: « We are pleased to have joined Casablanca Finance City, the first financial center in Africa. The Allianz Group is strongly committed to Africa for the long-term. With Marofinac’s new CFC status, the set-up of our regional headquarters in Casablanca becomes fully operational and doing business in the region easier.”

He added: « Morocco is one of the most stable and dynamic economies in Africa, with an expanding regional role. Allianz will continue to invest in Morocco, to strengthen our market positions, but above all to be closer to our customers and the local business community. Allianz aims to be a major player in Africa’s economic growth by offering innovative insurance solutions and services for individuals and businesses. »

About Allianz

The Allianz Group is one of the world’s leading insurers and asset managers with more than 86 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.3 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold a leading position in the Dow Jones Sustainability Index. In 2016, over 140,000 employees in more than 70 countries achieved total revenue of 122 billion euros and an operating profit of 11 billion euros for the group.