New Regulations for Reporting Catastrophic Events in Morocco
On April 13, 2026, Morocco announced significant changes to its regulations regarding the declaration of damages caused by catastrophic events. A ministerial decree published on February 27, 2026, set forth a new requirement that individuals and businesses must report any claims related to natural or technological disasters within a period of 60 days. This initiative, proposed by the Insurance and Social Welfare Control Authority (ACAPS), aims to safeguard the rights of policyholders facing the aftermath of such disasters.
This 60-day deadline is intended to streamline the claims process and ensure that those affected by catastrophic events receive timely support and compensation. By establishing a clear timeframe for reporting, the Moroccan government seeks to enhance the efficiency of the insurance system and provide better protection for its citizens during challenging times. This move comes as part of a broader effort to improve disaster preparedness and response mechanisms within the country.
As Morocco continues to navigate the complexities of climate change and other risks associated with natural disasters, these regulations represent a proactive approach to managing the impacts of such events on the population and the economy. The new measures are expected to foster greater accountability and responsiveness from insurance providers, ultimately benefiting insured individuals and businesses alike.
As reported by atlas-mag.net.
