New mixed life insurance company in partnership with the FIATC

The Chairman of the Compagnie Algérienne des Assurances (CAAT) Abdelkrim Djafri, has announced the imminent establishment of a mixed life insurance company in partnership with the Spanish mutual FIATC. Endowed with a capital of 450 million DZD (7.5 million USD), the future entity shall be marketing health insurance contracts in addition to the services provided by the compulsory social security schemes.