Algeria: Insurance market expands in 1H2025 but outstanding claims rise
Source: Middle East Insurance Review | Dec 2025
The Algerian insurance market recorded a significant increase of 8.1% in revenue in the first half of 2025, reaching DZD99.3bn ($767.0m), including international acceptances, according to data from the National Insurance Council (CNA).
The revenue breakdown by branch was:
- Conventional non-life: DZD80.6bn (+8.2% year-on-year),
- Conventional life and health insurance: DZD12.1bn (+6.7%)
- Takaful: DZD500.8m (69.0%)
Separately, international reinsurance acceptances rose by 5.2% to DZD6.2bn in 1H2025, compared to the corresponding half in 2024.
Motor insurance, which represents almost half of property and casualty insurance activity, accounted for around DZD40bn in revenue in 1H2025, an increase of 8.4% year on year. The Fire and Miscellaneous Risks branch grew by 8.4% year on year in 1H2025 with a turnover of nearly DZD34bn.
Claims increased by 9% year on year, reaching DZD51.1b in the first half of 2025. However, a total of 718,538 claims were settled for DZD35.9bn, an increase of 12.1% in value and 2.8% in number, compared to the corresponding half-year in 2024. This prompted the CNA to say that claims settlements needed to be sped up.
The outstanding claims portfolio was estimated at DZD130.2bn as of 30 June 2025, representing an 11.9% increase compared to 31 December 2024. The figure represented compensation that had been recognised and validated, but still not paid. It does not include sums that were being contested or disputed.
The settlement rate declined: 20.8% on average in 1H2025, compared to 25% a year earlier. M