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1.6 million Algerians are waiting for compensation exceeding 13 trillion!

March 31, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
1.6 million Algerians are waiting for compensation exceeding 13 trillion!

Takaful is the fastest growing branch of insurance... an increase of 84 percent to 1.4 billion dinars, 36,000 new car contracts in 2025, and digitization raises accident reports. The insurance market in Algeria has achieved an unprecedented leap, surpassing for the first time the threshold of 200 billion dinars, stabilizing at 200.5 billion dinars by the end of 2025, with a remarkable growth of 8.8 percent. Amid this performance, Takaful insurance emerged as one of the most exciting surprises, achieving an explosive growth rate of 84.3 percent in just one year, despite the novelty of this activity and its limited size. However, in contrast, the number of reported files and accidents rose to more than 1.26 million files, while the value of reports recorded a sharp decline of 16.6 percent...

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