Insurance professionals are optimistic that proposed amendments to Algeria's insurance law would promote the development of the industry as the legislation moves closer to enactment. The draft Bill was recently returned, after revision, for review by the Head of State.
The agricultural sector in Algeria is currently working to expand agricultural insurance coverage to include the various natural disasters resulting from climate change, the Minister of Agriculture, Rural Development and Fisheries, Yacine El-Mahdi Oualid, said.
The Algerian Union of Insurance and Reinsurance Companies (UAR) has launched a hub for innovation and artificial intelligence (AI) on 8 January 2026.
Gross written premiums in the Algerian insurance market grew to DZD143bn ($1.1bn) in the first nine months of 2025 (9M2025), registering a growth of 7.3% compared to the corresponding period of the past year, according to a recent report issued by the National Insurance Council (CNA).
The National Insurance Council (CNA) has implemented a risk guide to combat ill-gotten gains and money laundering attempts.
Algeria's proposed new insurance law, currently being finalised, is expected to inject new momentum into the sector, according to the Delegate General of the Union of Insurance and Reinsurance Companies (UAR), Mr Abdelhakim Berrah.
Alliance Assurances officially launched a securities operation on the Algiers Stock Exchange on 2 December, beginning a trading period to allow shareholders to manage "fractional shares" that resulted from a recent bonus issue of shares.
Algerian Gulf Life Insurance Company (AGLIC) has announced the appointment of Mr Samy Touhouche as CEO.
The Central Reinsurance Company (CCR) has announced an increase of its share capital to DZD40bn ($308m) from DZD30bn.
The Algerian Union of Insurance and Reinsurance (UAR) has launched an artificial intelligence (AI) hub specialising in digital innovation and strengthening analytical capabilities in the sector. The initiative was announced by UAR General Delegate Abdelhakim Berrah.