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The Algérienne des Assurances, decreasing net result in 2016

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Magazine Issue: 
The haves and the have nots, inequality in the face of risks [3]
Magazine date: 
Apr 2017

The Algérienne des Assurances (2A) has published its results for the year 2016. The company's net result amounted to 209.006 million DZD (1.899 million USD), down by 18.4% compared to 2015.

The 2A recorded a slight increase in its written premiums from 3.594 billion DZD (33.7 million USD ) in 2015 to 3.626 billion DZD (32.95 million USD ) in 2016. With 2.101 billion DZD (19.09 million USD), motor insurance accounted for 58% of the overall written permiums.

The incurred losses for all classes of business was set at 1.152 billion DZD (10.467 million USD ) in 2016 against 1.205 billion DZD (11.305 million USD ) in 2015.

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Fri, 12/05/2017 - 12:52

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