The life insurance market growing steadily

Life insurance has increased by 7% at 8 billion DZD (102 million USD) in 2013. According to Kamal Marami, insurance manager at the ministry of finance and Hadj Mohamed Seba, CCR’s chairman, the entry of new players in this industry and the separation of life and non-life classes of business have played a positive role.
Mohamed Seba says that demand for life products is poised to grow, adding that the market potential is six times its current level.