Algerian Radio
The national insurance market achieved a turnover of 57.3 billion dinars (DZD) in the first quarter of 2026, remaining almost stagnant compared to the same period in 2025 (+0.2%), despite the strong performance of motor insurance, Takaful insurance, and international reinsurance activities, according to an economic note from the National Insurance Council (CNA).
Non-life insurance companies remain the main driver of the sector, accounting for an 80.2% share of overall production. They totaled nearly 46 billion DZD in written premiums, a decrease of 1.4%, for nearly 2.5 million signed contracts.
Personal insurance, for its part, recorded a turnover of 6.4 billion DZD, a decline of 4.5%, while the Takaful activity continued its development with contributions reaching 358.3 million DZD, an increase of nearly 53%.
International reinsurance acceptances also posted a positive evolution of 26.1%, bringing their turnover to 4.6 billion DZD.
Regarding claims experience, reported claims reached 20.4 billion DZD, a slight decrease of 0.2%, while claims payouts increased by 12.2% to stand at 17.3 billion DZD. The stock of outstanding claims to be paid was evaluated at 127.3 billion DZD, a decline of 1.3 billion DZD year-on-year.
In the non-life insurance branch, turnover dropped by 1.4% to 45.9 billion DZD, notably driven by a 16.2% decrease in the Fire and Miscellaneous Risks (IRD) branch and an 8.4% decline in transport insurance.
This contraction was, however, partially offset by the growth of several other branches, particularly motor insurance, which recorded an 11.8% growth to reach 25.2 billion DZD. This was driven notably by the resumption of imports for vehicles under three years old, the increase in new subscriptions, and the development of the commercial fleet segment.
Agricultural insurance also posted an increase of 30.1%, reaching 836.2 million DZD, thanks to the development of animal and plant production insurance, while the credit branch grew by nearly 5% to 563 million DZD.
Personal insurance activity, on the other hand, continued its decline (-4.5%), primarily due to drops recorded in the group protection (-7.4%), life and death (-2.1%), and assistance (-12.3%) branches. The accident branch nonetheless grew by 11.9%, while capitalization saw a strong surge of 388.3%, albeit on limited volumes.
The Takaful segment confirmed its growth momentum. General Takaful more than doubled its contributions (+102%) to 261.2 million DZD, thanks notably to the motor and IRD branches, while family Takaful recorded a 7.7% drop to 97.1 million DZD.
For international reinsurance business, the Central Reinsurance Company (CCR) brought its turnover to 4.6 billion DZD (+26.1%), supported primarily by the growth of the fire, transport, engineering, and credit branches, as well as the integration of new accounts and the conclusion of new treaties on the international market.
