Magazine date:
Oct 2023 
A business report published by the National Insurance Council (CNA) indicates that, for the first half of 2023, the Algerian insurance market [4]'s turnover, all activities combined, amounted to 82.1 billion DZD (603.8 million USD).
With a 4.3% growth over one year, the premium volume can be broken down as follows:
Figures in thousands
| Classes of business | 30/06/2023 | 30/06/2022 | Evolution | Market share | ||
|---|---|---|---|---|---|---|
| DZD | USD | DZD | USD | |||
| Property damage | 68 975 086 | 507 009 | 66 632 492 | 454 182 | 3.5% | 84% |
| Life and health insurance * | 9 232 944 | 67 868 | 8 722 709 | 59 455 | 5.8% | 11.2% |
| Total | 78 208 030 | 574 877 | 75 355 201 | 513 638 | 3.8% | 95.2% |
| General Takaful | 58 303 | 429 | 12 734 | 87 | 357.8% | 0.1% |
| Family Takaful | 6 872 | 50 | 0 | 0 | - | 0% |
| Takaful Total | 65 175 | 479 | 12 734 | 86 | 411.8% | 0.1% |
| Direct market total | 78 273 205 | 575 356 | 75 367 935 | 513 724 | 3.9% | 95.3% |
| International reinsurance acceptances | 3 869 268 | 28 441 | 3 378 147 | 23 027 | 14.5% | 4.7% |
| Grand total | 82 142 473 | 603 797 | 78 746 082 | 536 751 | 4.3% | 100% |