Algerian insurance market: ranking of insurers in 2021
In thousands
| Rank | Companies | Turnover 2021 | Turnover 2020 | 2020-2021 evolution (1) | 2021 shares | ||
|---|---|---|---|---|---|---|---|
| DZD | USD | DZD | USD | ||||
| Non life insurance | |||||||
| 1 | SAA | 28 800 000 | 206 496 | 27 041 000 | 203 889 | 6.50% | 19.89% |
| 2 | CAAT | 25 404 000 | 182 147 | 24 751 000 | 186 622 | 2.64% | 17.55% |
| 3 | CAAR | 16 257 000 | 116 563 | 14 866 000 | 112 090 | 9.36% | 11.23% |
| 4 | CASH Assurances | 16 097 000 | 115 415 | 14 091 000 | 106 246 | 14.24% | 11.12% |
| 5 | CNMA | 12 643 000 | 90 650 | 13 055 000 | 98 435 | -3.16% | 8.73% |
| 6 | CIAR | 8 652 000 | 62 035 | 8 729 000 | 65 817 | -0.88% | 5.98% |
| 7 | Trust Algérie | 6 060 000 | 43 450 | 4 758 000 | 35 875 | 27.36% | 4.19% |
| 8 | Alliance Assurances | 4 823 000 | 34 581 | 4 728 000 | 35 649 | 2.01% | 3.33% |
| 9 | Salama Assurances | 4 322 000 | 30 989 | 4 558 000 | 34 367 | -5.18% | 2.99% |
| 10 | 2A | 3 842 000 | 27 547 | 3 822 000 | 28 818 | 0.52% | 2.65% |
| 11 | GAM | 3 163 000 | 22 679 | 3 290 000 | 24 807 | -3.86% | 2.18% |
| 12 | AXA Assurances Algérie Dommage | 1 632 000 | 11 701 | 1 860 000 | 14 024 | -12.26% | 1.13% |
| Total non-life | 131 695 000 | 944 253 | 125 549 000 | 946 639 | 4.90% | 90.97% | |
| Life insurance | |||||||
| 1 | Cardif El Djazair | 3 217 000 | 23 066 | 2 948 000 | 22 228 | 9.12% | 2.22% |
| 2 | AGLIC | 1 968 000 | 14 110 | 1 692 000 | 12 758 | 16.31% | 1.36% |
| 3 | Caarama Assurances | 1 739 000 | 12 469 | 1 557 000 | 11 740 | 11.69% | 1.20% |
| 4 | AXA Assurances Algérie Vie | 1 690 000 | 12 117 | 1 908 000 | 14 386 | -11.43% | 1.17% |
| 5 | SAPS | 1 666 000 | 11 945 | 1 500 000 | 11 310 | 11.07% | 1.15% |
| 6 | TALA | 1 386 000 | 9 938 | 1 170 000 | 8 822 | 18.46% | 0.96% |
| 7 | Macir Vie | 1 026 000 | 7 356 | 846 000 | 6 379 | 21.28% | 0.71% |
| 8 | Le Mutualiste | 386 000 | 2 768 | 386 000 | 2 910 | 0.00% | 0.26% |
| Total life | 13 078 000 | 93 769 | 12 007 000 | 90 533 | 8.92% | 9.03% | |
| Grand total | 144 773 000 | 1 038 022 | 137 556 000 | 1 037 172 | 5.25% | 100% | |
* Growth rate in local currency
Exchange rate as at 31/12/2021 : 1 USD = 138.599 DZD
Exchange rate as at 31/12/2020 : 1 USD = 131.705 DZD
Read also | Algerian insurance market
