Retrospective 2003, Algeria, Morocco and Tunisia

Algeria (2003)

December:
Persistent difficulties for the insurance company Star Hana which is likely to lose its agreement
December:
Adoption, by the Government Council, of a bill relating to the creation of a motor guarantee fund (FGA)
October:
Natural disasters insurance is made compulsory by the National Assembly.
August:
The insurance policy covering the fleet Air Algeria is allotted to the CIAR and the SAA
May:
A violent earthquake of 6.7 on the Richter's scale hit the East of Algiers. Assessment: 2 278 died, 11 450 wounded and 5 billion dollars of material damages
May:
Standardization of the motor insurance tariffs of the companies CIAR (Compagnie Internationale d'Assurance et de Réassurance) and SAA (Société Algérienne d'Assurance).
March :
Crash landing of the Boeing 737-200 of Air Algeria in Tamanrasset caused 102 died and 1 injured.
March:
The insurance policies covering the SONATRACH risk are allotted to the CAAT and Trust Algeria.
February :
Three new agreements, two of which for one year transitory period, were allotted to the Caisse Nationale de Mutualité Agricole (CNMA), the Mutuelle d'Assurance Algérienne des Travailleurs de l'Education et de la Culture (MAATEC) and the insurance broking company (SCIA) in order to practice insurance operations

Morocco (2003)

December:
The BCM (Commercial Bank of Morocco) purchases 70% of Wafa Assurances
December:
Presentation of the new organisation chart of the newly created entity RMA-Al Wataniya
November:
Entry into force of the clauses of the insurance code promulgated in November 2002 concerning the bancassurance
November:
Appointment of Mr. Saâd Bendidi to the head of Al Wataniya
November:
Signature of an agreement between the insurers and the private clinics having for object the standardisation of the tariffs applied by the private clinics and the obligation to break down the services.
October:
Atlanta reexamines its organisation
June:
Adoption of the new law 06-03 referring to the workmen compensation insurance.
May:
Terrorist attacks in Casablanca causing important property damages and human losses (41 deaths). Terrorism is not covered by the insurers in Morocco
March:
Appointment of Mr. Daniel Antunes to the head of AXA Morocco
March:
Announcement of the merger RMA - Al Wataniya
February :
Reorganization of the Marocaine Vie
February:
Reforms measures for CIMR
January:
The CNIA is endowed with a new organisation chart
January:
Promulgation of the law creating a national agency for the obligatory health insurance

Tunisia (2003)

December:
The National office of the Posts (ONP) is authorized to distribute life insurance products. d'assurance vie
November:
Signature of an agreement between “Fédération Tunisienne des Sociétés d'Assurances” (FTUSA) and the “Association Professionnelle des Banques” (APB) regulating the sale of bancassurance products.
September:
At one week's interval, the city of Tunis knew the most important floods since many decades. The high assessment of the caused damages raises the problem of the ''assurability'' of risks covering the natural disasters
September:
Withdrawal of agreement from the Coopérative d'Assurance et de Réassurance – El Ittihad
August:
Granting of agreement to the Assurance Mutuelles El Ittihad (AMI)
July:
Bill relating to the scaling of the motor bodily losses
July:
Appointment of Mr. Sami Cherif to the head of the IFID
July:
Revaluation (upgrading) of the motor third party liability premiums.
April:
The BIAT disengages the GAT and concentrates with its partners (ARIG and Banques Populaires) on the development of its new company called "BIAT Insurance" (ex ATIG)
March:
Working out of the list and the form of the documents to be used by the insurance and reinsurance companies.

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Mon, 13/05/2013 - 11:50

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