Magazine date:
Jan 2005 Cash-assurances Company is currently planning to come up with a diversification scheme regarding its activities and territorial redeployment.
Cash-assurances is a state-owned company whose capital is held by Sonatrach with 50%, the Compagnie Algérienne d’Assurance et de Réassurance (CAAR), and the Compagnie Centrale de Réassurance (CCR), set up in 1999 to cover, in the first place, insurance deals for the hydrocarbon sector. «Cash» is trying to expand by opening up to other sectors of the economy.