SAA: A 5.5% turnover increase in 2019

July 17, 2020

SAAThe turnover of the SAA “Société Nationale d'Assurance” increased by 5.5% in 2019.

It went from 27.679 billion DZD (231.62 million USD) in 2018 to 29.2 billion DZD (244 million USD) in 2019.

The net result stood at 2.2 billion DZD (18.38 million USD), a decline of 24.1% in comparison with the 2.9 billion DZD (24.27 million USD) of the year 2018.

Ultimately, the financial products increased by 14% and were set at 1.87 billion DZD (15.63 million USD) by late 2019.

Read also | Ranking of insurance companies in Algeria


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