SAA to launch online sale of insurance contracts

The “Société Nationale d'Assurance” (SAA) plans to sell soon insurance products online. The underwriting of homeowner’s and natural disasters contracts is also to be conducted on their website.

Despite a difficult economic situation that has led to a 7% turnover decrease, the Algerian insurer posted a 20% increase in its net profit set at 2.7 billion DZD (21.71 million USD) in 2020.

Such performance benefits from the diversification of the company's portfolio.