Net profits exceeding 100 billion for the Algerian Insurance Company

The Algerian Insurance Company concluded the fiscal year 2025 with a net profit of 1.12 billion DZD and a total budget of 110 billion DZD, according to a statement. According to the social accounts of this public insurer approved by the ordinary general assembly held on June 17, the net profits were distributed with 450 million DZD for profits, 56 million DZD for legal reserves, and 613.3 million DZD for optional reserves, according to the same statement. On the commercial front, the company achieved a turnover of 30.54 billion DZD, marking an increase of 2 percent compared to 2024, according to the same report. This growth is mainly attributed to a branch outside the major accounts.