State-owned Compagnie Algerienne des Assurances (CAAT or Algerian Insurance Company) closed the 2025 financial year with a net profit of DZD1.12bn ($8.4m).
State-controlled Société Nationale d'Assurance (SAA), Algeria's biggest insurer, has increased its share capital to DZD40bn ($301m) from DZD35bn, representing an increase of 25%.
The insurance sector in Algeria reported a total revenue of DZD57.3bn ($430m) in the first quarter of this year, rising marginally by 0.2%, compared to 1Q2025, according to data from the National Insurance Council (CNA).
The state-owned Caisse Nationale de Mutualite Agricole (CNMA, National Agricultural Mutual Fund) has posted positive financial results for 2025, with an improvement in the performance of its various insurance branches.
Alliance Assurances has started a takaful insurance window called "Alliance Takaful" to support Islamic finance development and the public authorities' goal of promoting an inclusive financial industry.
The United Nations Development Programme (UNDP) and the Algerian Institute of Higher Financial Studies (IAHEF) have signed a memorandum of understanding aimed at strengthening national capacities in the field of inclusive insurance in Algeria.
CASH Assurances will launch agriculture insurance plans in June 2026, as part of its diversification strategy.
Protection for directors of state-owned enterprises, the lack of international reinsurance coverage in major construction projects, and coverage for cyber attacks were three main issues raised at the Partner's Day 2026 conference organised by state-owned Compagnie Algérienne des Assurances (CAAT) on 12 May.
Cash Assurances and the National Savings and Provident Fund-Bank (CNEP-Banque) are strengthening their strategic partnership by expanding the marketing of their Nat CAT and multi-risk home insurance products nationwide, following a pilot scheme.
The Algerian insurance market's potential is around $7-8bn, far more than the "psychological threshold" of DZD200bn ($1.5bn) crossed in 2025, according to Mr Hassan Khelifati, Vice President of the Algerian Union of Insurance and Reinsurance Companies (UAR).