News Middle East26 Aug 2014

Algeria:Huge space for growth for farm insurance

26 Aug 2014

Algeria's agricultural sector has about 75,000 policyholders in a market of 800,000 to 900,000 farmers registered with the National Chamber of Agriculture. Furthermore, the share of agriculture insurance in the total premiums of the overall market is around 2%, according to the National Insurance Council. These data show that there is room to grow for farm insurance.

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