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Marrakech – The Moroccan Insurance Federation has announced a generous donation of 150 million Moroccan dirhams ($15 Million) to aid in managing the aftermath of the recent Al-Haouz earthquake.
In the statement announcing the move, the federation underlined its commitment to supporting the affected communities, irrespective of insurance policy obligations.
The catastrophic earthquake, which struck the Al-Haouz region in central Morocco on September 8, left a trail of devastation and grief, prompting various sectors of society to unite in solidarity.
As it represents a pivotal sector of the nation’s economy, the Moroccan Insurance Federation has stepped forward to express its condolences and pledge its unwavering commitment to the relief efforts.
In addition to its donation to the special relief fund, the Moroccan Insurance Federation conveyed its heartfelt condolences to the Moroccan people and to the bereaved families of the earthquake victims in particular. The federation also reiterated its commitment to upholding the directives set forth by King Mohammed VI, who has called for the establishment of a dedicated fund to address the far-reaching consequences of the earthquake.
Read also: Earthquake Special Fund: Bank Al Maghrib Donates MAD 1 Billion
The donation of 150 million dirhams from the Moroccan Insurance Federation is a testament to the industry’s dedication to the well-being of the Moroccan people, the federation’s statement argued, adding that this substantial contribution to the relief fund underscores the insurance sector’s belief in corporate social responsibility and its commitment to being a pillar of support in times of national crisis.
The Moroccan Federation’s donation will play a crucial role in helping communities affected by the earthquake to rebuild their lives and regain a sense of normalcy. In particular, the funds are expected to contribute significantly to the rehabilitation of infrastructure, the provision of essential services, and the overall recovery process for those affected by this tragic natural disaster.
