SAA publishes its 2017 results

The Algerian Insurance Company (SAA) recorded in 2017 a net profit of 3.25 billion DZD (28.37 million USD), up by 4.8% compared to 3.1 billion DZD (28.17 million USD) in 2016.

The company’s turnover amounted to 26.527 billion DZD (231.53 million USD), representing a slight decrease (-1.29%) compared to 28.875 billion DZD (262.36 million USD) recorded in 2016.

SAA remains by far the largest company in the Algerian market. It controls more than 20% of the total volume of the underwritings.

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