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Jul 2017 Axa Assurances Algérie reported a loss of 701.4 million DZD(6.37 million USD) at the end of December 2016.
The company initial business plan estimated losses for the first years, with a return to black by the end of 2016. This objective has not apparently been achieved. Axa Algérie began operations in 2011.
The company's capital is divided between three shareholders: the Axa Group (49%), the National Investment Fund (36%) and the Banque Extérieure d'Algérie (15%).
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