Algeria:2 state owned insurance-related entities to be merged to build local expertise pool

By MEIR team | 19 Aug 2018

Algeria Reinsurance Motor M&A Property & Casualty

Two Algerian government owned loss adjusting firms, namely the Algerian Society of Automotive Technical Expertise and Control (SAE-EXACT), and Société Expertise Algérie (EXAL), will merge to create an expertise group, Mr Nacer Sais, the CEO of the National Insurance Company (SAA), has announced.

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