Algeria – 126 billion Dinars the turnover of insurers in 2014
Saturday, 06 06 2015, Category: Insurance and Reinsurance, Country: Algeria
The secretary of the National Council of Insurance (CAN) Mr. Abdelhakim Benbouabdallah confirmed that the insurance market in Algeria grew by 8.2% in year 2014 where its turnover reached 126 billion Algerian Dinars which is a major development. Mr. Benbouabdallah reiterated the roles of the Council which is consultative and presents proposals in the form of studies to the public authorities.
Mr. Abdelhakim Benbouabdallah was received as a guest in the “first channel” in the program “morning guest” and he said that opening the insurance market to private capital has created new dynamics where the total number of companies including public companies reached 23 organizations divided into personal lines and non-life insurance.
Source: Al Maghrib Today