The capital of the CASH increased to 8 billion DZD (110 million USD)

The Compagnie d'Assurance des Hydrocarbures (CASH) is about to undertake a major increase of its capital which will rise from 2.9 billion DZD (40 million USD) to 8 billion DZD (110 million USD). This increase will allow the company to expand its portfolio of small and medium sized enterprises. The shareholders gave the green light to this recapitalization. CASH controls 12% of the Algerian insurance market.