Cash launches a subsidiary specializing in life insurance

In partnership with the national bank of Algeria (BNA) and Gulf Insurance Company (Kuwait), the national insurance company of Hydrocarbons (Cash) will soon launch a new subsidiary specializing in life insurance.

This subsidiary, the Algerian Gulf Life Insurance Company (Algic) will have its shareholding split to 15% for BNA and 85% to be shared between Cash and GIC.

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