Magazine date:
Dec 2018 Algerian insurance industry: Turnover per company 2016-2017
Figures in thousands| 2017 | 2016 | 2017 shares | 2016-2017 (1) evolution | |||
|---|---|---|---|---|---|---|
| In DZD | In USD | In DZD | In USD | |||
| Non life insurance companies | ||||||
| SAA | 26 527 000 | 231 581 | 26 875 000 | 244 294 | 19.84% | -1.29% |
| CAAT | 23 128 000 | 201 907 | 22 615 000 | 205 570 | 17.30% | 2.27% |
| CAAR | 15 154 000 | 132 294 | 15 082 000 | 137 095 | 11.34% | 0.48% |
| CNMA | 13 012 000 | 113 595 | 12 649 000 | 114 979 | 9.73% | 2.87% |
| CASH Assurances | 10 761 000 | 93 944 | 9 887 000 | 89 873 | 8.05% | 8.84% |
| CIAR | 9 174 000 | 80 089 | 9 182 000 | 83 464 | 6.86% | -0.09% |
| Alliance Assurances | 4 802 000 | 41 921 | 4 565 000 | 41 496 | 3.59% | 5.19% |
| Salama Assurances | 4 787 000 | 41 791 | 5 019 000 | 45 623 | 3.58% | -4.62% |
| 2A | 3 629 000 | 31 681 | 3 627 000 | 32 969 | 2.71% | 0.06% |
| GAM | 3 465 000 | 30 249 | 3 329 000 | 30 261 | 2.59% | 4.09% |
| AXA Assurances Algérie Dommage | 3 066 000 | 26 766 | 2 569 000 | 23 352 | 2.29% | 19.35% |
| Trust Algeria | 2 746 000 | 23 973 | 2 453 000 | 22 298 | 2.05% | 11.94% |
| MAATEC | NA | NA | 469 000 | 4 263 | - | - |
| Total non life companies | 120 251 000 | 1 049 791 | 118 321 000 | 1 075 538 | 89.95% | 1.63% |
| Life insurance companies | ||||||
| AXA Assurances Algérie Vie | 2 469 000 | 21 554 | 1 550 000 | 14 090 | 1.85% | 59.29% |
| Cardif El Djazair | 2 441 000 | 21 310 | 1 768 000 | 16 071 | 1.83% | 38.07% |
| Caarama Assurances | 2 129 000 | 18 586 | 2 069 000 | 18 807 | 1.59% | 2.90% |
| SAPS | 2 075 000 | 18 115 | 1 697 000 | 15 426 | 1.55% | 22.27% |
| TALA | 1 850 000 | 16 151 | 2 191 000 | 19 916 | 1.38% | -15.56% |
| Macir Vie | 1 434 000 | 12 519 | 1 428 000 | 12 981 | 1.07% | 0.42% |
| AGLIC | 532 000 | 4 644 | 30 000 | 273 | 0.40% | 1673.33% |
| Le Mutualiste | 504 000 | 4 400 | 507 000 | 4 609 | 0.38% | -0.59% |
| Total life companies | 13 434 000 | 117 279 | 11 240 000 | 102 172 | 10.05% | 19.52% |
| Grand total | 133 685 000 | 1 167 070 | 129 561 000 | 1 177 709 | 100% | 3.18% |
Exchange rate as at 31/12/2016 : 1 DZD = 0.00909 USD ; as at 31/12/2017 : 1 DZD = 0.00873 USD.
(1) Growth rate in local currency.
NA : not available.
The Algerian insurance industry: Turnover per class of business 2016-2017
Figures in thousands| 2017 turnover | 2016 turnover | 2017 market shares | |||
|---|---|---|---|---|---|
| In DZD | In USD | In DZD | In USD | ||
| Non life insurance | |||||
Motor | 65 047 000 | 567 860 | 65 158 000 | 592 286 | 48.66% |
Property damage | 47 584 000 | 432 539 | 44 242 000 | 402 160 | 35.59% |
Marine | 5 840 000 | 53 086 | 6 614 000 | 60 121 | 4.37% |
Agricultural risks | 1 628 000 | 14 799 | 2 257 000 | 20 516 | 1.22% |
Credit | 152 000 | 1 382 | 50 000 | 455 | 0.11% |
Total non life | 120 251 000 | 1 069 665 | 118 321 000 | 1 075 538 | 89.95% |
| Life insurance | |||||
Life-Death | 5 414 000 | 47 264 | 3 974 000 | 36 124 | 4.05% |
Group benefits | 3 210 000 | 28 023 | 2 271 000 | 20 643 | 2.40% |
Accident | 1 694 000 | 14 789 | 1 596 000 | 14 508 | 1.27% |
Assistance | 2 961 000 | 25 850 | 2 820 000 | 25 634 | 2.21% |
Health | 156 000 | 1 362 | 579 000 | 5 263 | 0.12% |
Total life | 13 435 000 | 117 288 | 11 240 000 | 102 172 | 10.05% |
| Grand total | 133 686 000 | 1 186 952 | 129 561 000 | 1 177 709 | 100% |
Exchange rate as at 31/12/2016: 1 DZD = 0.00909 USD; as at 31/12/2017: 1 DZD = 0.00873 USD.
Algeria: Breakdown of 2017 turnover per class of insurance business
Source: Ministry of finance, general directorate of treasury, insurance department (DASS)
Read also: Algerian insurance market: results 2018 [4]
