Results 2016 of Alliance Assurances

Alliances Assurances published its financial results ending 31 December 2016 at its ordinary general meeting. The Algerian insurer achieved a turnover of 4.57 billion DZD (41.52 million USD) in 2016 against 4.43 billion DZD (41.56 million USD) one year ago.

Despite a difficult economic environment, the company's profit rose by 16.2% from 363 million DZD (3.4 million USD) in 2015 to 422 million DZD (3.8 million USD) in 2016.

For the year 2017, the company's shareholders also approved the payment of a dividend worth 45 DZD(0.40 USD) per share relative to 2016.

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