CAAT Assurances : Results 2019

CAAT, the second biggest insurance company on the Algerian market, published its financial statements for the year 2019.

CAAT recorded a turnover of 24.5 billion DZD (204.82 million USD), that is, a slight 2% increase in comparison with 2018. The net result reached 2.5 billion DZD (20.9 million USD), declining by 7% compared to the 2.77 billion DZD (23 million USD) recorded in 2018.

The investments amounted to 34 billion DZD (284.24 million USD), increasing by 7% in one year. The Shareholder’s equity increased by 5% to be set at 25.8 billion DZD (215.688 million USD).

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