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CAAT : 2020 results

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Magazine Issue: 
The insurance market consolidation in view of the post-Covid-19 [3]
Magazine date: 
Jul 2021

Compagnie Algérienne des Assurances (CAAT)The Compagnie Algérienne des Assurances (CAAT) has recorded a turnover of 24.75 billion DZD (186.72 million USD) in 2020, a slight growth of 0.6% compared to 2019. The net result stood at 2.798 billion DZD (21.11 million USD), a 10.5% increase against the 2.532 billion DZD (21.16 million USD) posted at the end of 2019.

As at 31 December 2020, the financial investments amounted to 36.694 billion DZD (276.83 million USD) compared to 34.032 billion DZD (284.38 million USD) a year earlier. The company's shareholders' equity has grown from 25.842 billion DZD (215.94 million USD) in 2019 to 27.445 billion DZD (207.05 million USD) in 2020. The share capital remains unchanged at 20 billion DZD (150.89 million USD).

Tue, 10/08/2021 - 11:07

Source URL: https://www.atlas-mag.net/en/article/caat-2020-results

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