• Country : Morocco
  • Name of the Company :
  • Headquarters : 216, Bd Zerktouni, 20000 Casablanca, Maroc
  • Phone number : +212 - 522 43 56 00
  • Fax : +212 - 522 26 55 58
  • Email : communication@saham.com
  • Website : http://www.saham.com
  • Share Capital :
Main Shareholders 0
Not available.
Management Team 12
Lastname Biography
Mr. Moulay Hafid ELALAMY , President & Founder of the Group
Mr. Saâd BENDIDI , General Manager
Mr. Moulay M'hamed ELALAMY , General Secretary
Mrs. Ghita LAHLOU , Advisor to the Chairman
Mr. Raymond FARHAT , General Manager, Saham Finances
Mrs. Nadia FETTAH , General Manager, Finance & Operations Saham Finances
Mr. Sami CHABENNE , General Manager, Healthcare Division
Mr. Mehdi TAZI , CEO Saham Assurance Maroc
Mrs. Ghita KITTANE , Human Resource & Communication Director
Mrs. Kawtar JOHRATI , General Manager, Saham Asset Management
Mr. Othman SERRAJ , General Manager, Saham Offshoring
Mr. Hassan FILALI , General Manager, Education Division
Board of directors 0
Not available.


The Pan African vocation of Saham Group has been significantly expressed in 2010 when it bought Colina Group, an insurance group with  a strong presence in French-speaking sub-Saharan Africa. Here are the key dates in the history of the Group :

• 1995 : Creation of Saham Group by Moulay Hafid ELALAMY.

1996 : Acquisition of Moroccan brokerage firm Agma.

• 1997 : 

Acquisition of Moroccan brokerage firm Lalou-Tazi.

Acquisition of a minority stake in ISAAF Assistance.

• 1998 :

Merger between Agma and Lahlou-Tazi. The company formed after the merger was first listed and subsequently sold by the Group.

• 1999 :

Creation of Phone Group.

Equity partnership agreement with Bertelsmann, a major media group in Europe.

Acquisition of a majority stake in ISAAF Assistance.

• 2005 : Acquisition of a 67% stake in CNIA Assurance (former Compagnie Nord-africaine et Intercontinentale d'Assurance created in 1949).

2007 : Acquisition of Assurances Es Saada.

• 2009 : Merger between CNIA Assurances and Assurances Es Saada, creating in CNIA SAADA Assurance 

• 2010 : 

Acquisition of a 92% stake in Pan African insurance group Colina already operating in many countries : Côte d’Ivoire since 1980 ; Mali and Togo since 1996 ; Burkina Faso since 1999 ; Benin since 2001 ; Madagascar since 2005 ; Gabon et Cameroon since 2006 ; Senegal since 2008 ; Ghana since 2010.

Creation de BPO Insurance, a unit dedicated to business process outsourcing.

• 2011 : Acquisition of the Moroccan plant of GlaxoSmithKline, a world-renowned pharmaceutical laboratory. This acquisition is the first milestone in the development of the Group's healthcare division.

• 2012 : 

Establishment of Saham Group in Guinea, with the creation Colina Guinea.

Acquisition of GA Seguros Angola, first private company of the country.

Creation of ISAAF Santé, giving the Group an international know-how in TPA.

Creation of the Real Estate Division.

Acquisition of Mercantile Insurance (Kenya).

• 2013 :

Saham Assurance was granted an insurance license in Niger and began operations.

Saham Assurance was granted an insurance license in Congo-Brazzaville.

Creation of Saham Ré based in Mauritius.

• 2014 : 

Adoption of a single brand, Saham Insurance for the insurance business  and Saham assistance for the assistance business.

Acquisition of CORAR AG Limited, an insurance company in Rwanda.

Acquisition of UNITRUST Insurance in Nigeria.

• 2015 :

Acquisition of ECCO Outsourcing in Egypt.

Acquisition of reinsurance company Continental Ré Limited.


• Insurance • Healthcare • Offshoring • Real Estate
Financial Highlights of the last three years
Not available.