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132,000 new car insurance contracts in just 90 days!

June 29, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
132,000 new car insurance contracts in just 90 days!

In just 90 days of 2026, the insurance sector in Algeria achieved a turnover exceeding 57 billion dinars, while the value of compensations and pending claims to be settled exceeded 127 billion dinars, indicating the massive financial volume managed by insurance companies. Concurrently, the car insurance branch experienced a notable recovery, driven by the conclusion of more than 132,000 new contracts during the first quarter, capturing over half of the damage insurance market, confirming its position as a growth engine for the sector amid rising compensations and the ongoing challenge of settl...

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