Algerian insurance market: ranking of insurers in 2020
In thousands
| Rank | Companies | Turnover 2020 | Turnover 2019 | 2019-2020 evolution (1) | 2020 shares | ||
|---|---|---|---|---|---|---|---|
| DZD | USD | DZD | USD | ||||
| Non life insurance | |||||||
| 1 | SAA | 27 041 000 | 203 889 | 29 117 000 | 243 418 | -7.13% | 19.66% |
| 2 | CAAT | 24 751 000 | 186 622 | 24 589 000 | 205 564 | 0.66% | 17.99% |
| 3 | CAAR | 14 866 000 | 112 090 | 15 365 000 | 128 452 | -3.25% | 10.81% |
| 4 | CASH Assurances | 14 091 000 | 106 246 | 12 676 000 | 105 971 | 11.16% | 10.24% |
| 5 | CNMA | 13 055 000 | 98 435 | 14 312 000 | 119 648 | -8.78% | 9.49% |
| 6 | CIAR | 8 729 000 | 65 817 | 9 866 000 | 82 480 | -11.52% | 6.35% |
| 7 | Trust Algérie | 4 758 000 | 35 875 | 4 040 000 | 33 774 | 17.77% | 3.46% |
| 8 | Alliance Assurances | 4 728 000 | 35 649 | 5 201 000 | 43 480 | -9.09% | 3.44% |
| 9 | Salama | 4 558 000 | 34 367 | 5 377 000 | 44 952 | -15.23% | 3.31% |
| 10 | 2A | 3 822 000 | 28 818 | 3 877 000 | 32 412 | -1.42% | 2.78% |
| 11 | GAM | 3 290 000 | 24 807 | 3 803 000 | 31 793 | -13.49% | 2.39% |
| 12 | AXA Assurances Algérie Dommage | 1 860 000 | 14 024 | 2 616 000 | 21 870 | -28.90% | 1.35% |
| Total non-life | 125 549 000 | 946 639 | 130 839 000 | 1 093 814 | -4.04% | 91.27% | |
| Life insurance | |||||||
| 1 | Cardif El Djazair | 2 948 000 | 22 228 | 2 742 000 | 22 923 | 7.51% | 2.14% |
| 2 | AXA Assurances Algérie Vie | 1 908 000 | 14 386 | 2 254 000 | 18 843 | -15.35% | 1.39% |
| 3 | AGLIC | 1 692 000 | 12 758 | 1 675 000 | 14 003 | 1.01% | 1.23% |
| 4 | Caarama Assurances | 1 557 000 | 11 740 | 1 869 000 | 15 625 | -16.69% | 1.13% |
| 5 | SAPS | 1 500 000 | 11 310 | 1 947 000 | 16 277 | -22.96% | 1.09% |
| 6 | TALA | 1 170 000 | 8 822 | 1 117 000 | 9 338 | 4.74% | 0.85% |
| 7 | Macir Vie | 846 000 | 6 379 | 1 541 000 | 12 883 | -45.10% | 0.62% |
| 8 | Le Mutualiste | 386 000 | 2 910 | 467 000 | 3 904 | -17.34% | 0.28% |
| Total life | 12 007 000 | 90 533 | 13 612 000 | 113 796 | -11.79% | 8.73% | |
| Grand total | 137 556 000 | 1 037 172 | 144 451 000 | 1 207 610 | -4.77% | 100% | |
* Growth rate in local currency
Exchange rate as at 31/12/2020 : 1 DZD = 0.00754 USD
Exchange rate as at 31/12/2019 : 1 DZD = 0.00836 USD
Read also | Algerian insurance market
