The Insurance Industry in Algeria, Key Trends and Opportunities to 2021

Published: Mar, 2018 | Pages: 118 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

Synopsis

Timetric’s 'The Insurance Industry in Algeria, Key Trends and Opportunities to 2021' report provides detailed analysis of the market trends, drivers and challenges in the Algerian insurance industry.

It provides key performance indicators such as written premium and claims during the review period (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Algerian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'The Insurance Industry in Algeria, Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Algerian insurance industry, including:

• The Algerian insurance industry's growth prospects by segment and category

• A comprehensive overview of the Algerian economy and demographics

• Details of the competitive landscape in the Algerian insurance industry

• The various distribution channels in the Algerian insurance industry

• Details of regulatory policy applicable to the Algerian insurance industry

• Analysis of natural hazards in the Algerian insurance industry

Scope

This report provides a comprehensive analysis of the insurance industry in Algeria:

• It provides historical values for the Algerian insurance industry for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.

• It offers a detailed analysis of the key segments in the Algerian insurance industry, with market forecasts to 2021.

• It covers an exhaustive list of parameters, including written premium and claims.

• It analyzes the various distribution channels in Algeria.

• It profiles the top insurance companies in Algeria and outlines the key regulations affecting them.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Algerian insurance industry and each segment and category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Algerian insurance industry.

• Assess the competitive dynamics in the Algerian insurance industry.

• Identify the growth opportunities and market dynamics in key segments.

• Gain insights into key regulations governing the Algerian insurance industry and their impact on companies and the industry's future.

Key Highlights

• In August 2017, the Union of Insurers and Reinsurers proposed the minimum floor price for insurance policies issued in Algeria to be a maximum of 50.0% of the rates of any insurance policy.

• On May 17, 2017, the Algerian government introduced compulsory professional liability insurance for travel and tourism agencies.

• On October 10, 2016, Pool Re launched the International Forum of Terrorism Risk Insurance/Reinsurance Pool.

• On April 5, 2017, the National Agricultural Mutual Fund (CNMA) introduced insurance policies for small farmers and herdsmen.

 Table of Content

1 Key Facts and Highlights

2 Executive Summary

3 Economy and Demographics

4 Industry Outlook
4.1 Industry Indicators
4.1.1 Gross written premium
4.1.2 Claims

5 Life Insurance Outlook
5.1 Individual Life Insurance
5.1.1 Gross written premium
5.2 Group Life Insurance
5.2.1 Gross written premium

6 Non-Life Insurance Outlook
6.1 Property Insurance
6.1.1 Gross written premium
6.1.2 Claims
6.2 Motor Insurance
6.2.1 Gross written premium
6.2.2 Claims
6.3 Liability Insurance
6.3.1 Gross written premium
6.3.2 Claims
6.4 Marine, Aviation and Transit Insurance
6.4.1 Gross written premium
6.4.2 Claims

7 Personal Accident and Health Insurance Outlook
7.1 Personal Accident Insurance
7.1.1 Gross written premium
7.1.2 Claims
7.2 Health Insurance
7.2.1 Gross written premium
7.2.2 Claims
7.3 Travel Insurance
7.3.1 Gross written premium
7.3.2 Claims

8 Reinsurance Outlook
8.1 Reinsurance Accepted

9 Distribution Channel Outlook

10 Natural and Man-Made Hazards
10.1 Flooding
10.2 Earthquake
10.3 Droughts
10.4 Extreme Temperature
10.5 Landslides
10.6 Exposure

11 Competitive Landscape
11.1 Company Profiles
11.1.1 Pasha Insurance Company JSC – company overview
11.1.2 Pasha Life Insurance JSC – company overview
11.1.3 Algeria State Insurance Commercial Company – company overview
11.1.4 Ateshgah Insurance Company JSC – company overview
11.1.5 Ateshgah Life Insurance Company JSC – company overview

12 Databook
12.1 Life Insurance
12.1.1 Policies and premium
12.1.2 Claims and expenses
12.1.3 Individual life insurance
12.1.4 Individual life insurance by category
12.1.5 Group life insurance
12.2 Non-Life Insurance
12.2.1 Policies and premium
12.2.2 Claims and expenses
12.2.3 Property insurance
12.2.4 Property insurance by category
12.2.5 Motor insurance
12.2.6 Motor insurance by category
12.2.7 Liability insurance
12.2.8 Marine, aviation and transit insurance
12.3 Personal Accident and Health Insurance
12.3.1 Policies and premium
12.3.2 Claims and expenses
12.3.3 Personal accident insurance
12.3.4 Health insurance
12.3.5 Travel insurance

13 Definitions and Methodology
13.1 Definitions
13.2 Methodology

14 About Timetric
14.1 Contact Timetric
14.2 About Timetric
14.3 Timetric’s Services
14.4 Disclaimer

List of Tables

Table 1: Algerian Insurance Industry – Key Facts, 2016
Table 2: Algerian Insurance Industry – Segment Shares of the Top Insurers, 2016
Table 3: Algerian Insurance Industry – Gross Written Premium by Segment (DZD Billion), 2012–2016
Table 4: Algerian Insurance Industry – Gross Written Premium by Segment (DZD Billion), 2016–2021
Table 5: Algerian Insurance Industry – Density (Direct Written Premium Per Capita) by Segment (DZD), 2012–2016
Table 6: Algerian Insurance Industry – Density (Direct Written Premium Per Capita) by Segment (DZD), 2016–2021
Table 7: Algerian Insurance Industry – Paid Claims by Segment(DZD Billion), 2012–2016
Table 8: Algerian Insurance Industry – Paid Claims by Segment(DZD Billion), 2016–2021
Table 9: Algerian Individual Life Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 10: Algerian Individual Life Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 11: Algerian Group Life Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 12: Algerian Group Life Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 13: Algerian Property Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 14: Algerian Property Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 15: Algerian Property Insurance – Paid Claims (DZD Billion and US$ Million), 2012–2016
Table 16: Algerian Property Insurance – Paid Claims (DZD Billion and US$ Million), 2016–2021
Table 17: Algerian Motor Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 18: Algerian Motor Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 19: Algerian Motor Insurance – Paid Claims (DZD Billion and US$ Million), 2012–2016
Table 20: Algerian Motor Insurance – Paid Claims (DZD Billion and US$ Million), 2016–2021
Table 21: Algerian Liability Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 22: Algerian Liability Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 23: Algerian Liability Insurance – Paid Claims (DZD Million and US$ Million), 2012–2016
Table 24: Algerian Liability Insurance – Paid Claims (DZD Million and US$ Million), 2016–2021
Table 25: Algerian Marine, Aviation and Transit Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 26: Algerian Marine, Aviation and Transit Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 27: Algerian Marine, Aviation and Transit Insurance – Paid Claims (DZD Billion and US$ Million), 2012–2016
Table 28: Algerian Marine, Aviation and Transit Insurance – Paid Claims (DZD Billion and US$ Million), 2016–2021
Table 29: Algerian Personal Accident Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 30: Algerian Personal Accident Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 31: Algerian Personal Accident Insurance – Paid Claims (DZD Million and US$ Thousand), 2012–2016
Table 32: Algerian Personal Accident Insurance – Paid Claims (DZD Million and US$ Thousand), 2016–2021
Table 33: Algerian Health Insurance – Gross Written Premium (DZD Million and US$ Thousand), 2012–2016
Table 34: Algerian Health Insurance – Gross Written Premium (DZD Million and US$ Thousand), 2016–2021
Table 35: Algerian Health Insurance – Paid Claims (DZD Million and US$ Million), 2012–2016
Table 36: Algerian Health Insurance – Paid Claims (DZD Million and US$ Million), 2016–2021
Table 37: Algerian Travel Insurance – Gross Written Premium (DZD Billion and US$ Million), 2012–2016
Table 38: Algerian Travel Insurance – Gross Written Premium (DZD Billion and US$ Million), 2016–2021
Table 39: Algerian Travel Insurance – Paid Claims (DZD Million and US$ Million), 2012–2016
Table 40: Algerian Travel Insurance – Paid Claims (DZD Million and US$ Million), 2016–2021
Table 41: Algerian Reinsurance – Premium Accepted (DZD Billion and US$ Million), 2012–2016
Table 42: Algerian Reinsurance – Premium Accepted (DZD Billion and US$ Million), 2016–2021
Table 43: Algerian Insurance Industry – Leading Insurers, 2016
Table 44: Société Nationale d’Assurance Company – Key Facts
Table 45: Compagnie Algérienne d’Assurances Company – Key Facts
Table 46: Compagnie Algérienne d’Assurance et de Réassurance Company – Key Facts
Table 47: Compagnie d’Assurances des Hydrocarbures Company – Key Facts
Table 48: Caisse Nationale de Mutualité Agricole – Key Facts
Table 49: Algeria – Insurance Regulatory Framework Key Features
Table 50: Algeria – Life Insurance Regulatory Framework
Table 51: Algeria – Property Insurance Regulatory Framework
Table 52: Algeria – Motor Insurance Regulatory Framework
Table 53: Algeria – Liability Insurance Regulatory Framework
Table 54: Algeria – Corporate Tax Rates for the Financial Year 2017
Table 55: Algerian Life Insurance – Policies and Premium, 2012–2016
Table 56: Algerian Life Insurance – Policies and Premium, 2016–2021
Table 57: Algerian Life Insurance – Claims and Expenses, 2012–2016
Table 58: Algerian Life Insurance – Claims and Expenses, 2016–2021
Table 59: Algerian Life Insurance – Individual Life Insurance, 2012–2016
Table 60: Algerian Life Insurance – Individual Life Insurance, 2016–2021
Table 61: Algerian Life Insurance – Group Life Insurance, 2012–2016
Table 62: Algerian Life Insurance – Group Life Insurance, 2016–2021
Table 63: Algerian Non-Life Insurance – Policies and Premium, 2012–2016
Table 64: Algerian Non-Life Insurance – Policies and Premium, 2016–2021
Table 65: Algerian Non-Life Insurance – Claims and Expenses, 2012–2016
Table 66: Algerian Non-Life Insurance – Claims and Expenses, 2016–2021
Table 67: Algerian Non-Life Insurance – Property Insurance, 2012–2016
Table 68: Algerian Non-Life Insurance – Property Insurance, 2016–2021
Table 69: Algerian Non-Life Insurance – Property Insurance by Category, 2012–2016
Table 70: Algerian Non-Life Insurance – Property Insurance by Category, 2016–2021
Table 71: Algerian Non-Life Insurance – Motor Insurance, 2012–2016
Table 72: Algerian Non-Life Insurance – Motor Insurance, 2016–2021
Table 73: Algerian Non-Life Insurance – Motor Insurance by Category, 2012–2016
Table 74: Algerian Non-Life Insurance – Motor Insurance by Category, 2016–2021
Table 75: Algerian Non-Life Insurance – Liability Insurance, 2012–2016
Table 76: Algerian Non-Life Insurance – Liability Insurance, 2016–2021
Table 77: Algerian Non-Life Insurance – Marine, Aviation and Transit Insurance, 2012–2016
Table 78: Algerian Non-Life Insurance – Marine, Aviation and Transit Insurance, 2016–2021
Table 79: Algerian Personal Accident and Health Insurance – Policies and Premium, 2012–2016
Table 80: Algerian Personal Accident and Health Insurance – Policies and Premium, 2016–2021
Table 81: Algerian Personal Accident and Health Insurance – Claims and Expenses, 2012–2016
Table 82: Algerian Personal Accident and Health Insurance – Claims and Expenses, 2016–2021
Table 83: Algerian Personal Accident and Health Insurance – Personal Accident Insurance, 2012–2016
Table 84: Algerian Personal Accident and Health Insurance – Personal Accident Insurance, 2016–2021
Table 85: Algerian Personal Accident and Health Insurance – Health Insurance, 2012–2016
Table 86: Algerian Personal Accident and Health Insurance – Health Insurance, 2016–2021
Table 87: Algerian Personal Accident and Health Insurance – Travel Insurance, 2012–2016
Table 88: Algerian Personal Accident and Health Insurance – Travel Insurance, 2016–2021
Table 89: Insurance Industry Definitions

List Of Figures

Figure 1: Algerian Nominal GDP (DZD Trillion), 2012–2021
Figure 2: Algerian Consumer Price Inflation (%), 2012–2021
Figure 3: DZD-US$ Exchange Rate, 2012–2021
Figure 4: Algerian Unemployment Rate, 2012–2021
Figure 5: Algerian Population by Age Group, 1991–2025
Figure 6: Algerian Life Insurance Penetration – Regional Comparison (%), 2016
Figure 7: Algerian Non-Life Insurance Penetration – Regional Comparison (%), 2016
Figure 8: Algerian Personal Accident and Health Insurance Penetration – Regional Comparison (%), 2016
Figure 9: Algerian Insurance Segment Direct Written Premium Shares – Regional Comparison (%), 2016
Figure 10: Algerian Insurance Industry – Gross Written Premium by Segment, 2012–2021
Figure 11: Algerian Insurance Industry – Density (Direct Written Premium Per Capita) by Segment (DZD), 2012–2021
Figure 12: Algerian Insurance Industry – Paid Claims by Segment(DZD Billion), 2012–2021
Figure 13: Algerian Individual Life Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 14: Algerian Individual Life Insurance – Penetration (%), 2012–2016
Figure 15: Algerian Individual Life Insurance – Penetration (%), 2016–2021
Figure 16: Algerian Group Life Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 17: Algerian Group Life Insurance – Penetration (%), 2012–2016
Figure 18: Algerian Group Life Insurance – Penetration (%), 2016–2021
Figure 19: Algerian Property Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 20: Algerian Property Insurance – Penetration (%), 2012–2016
Figure 21: Algerian Property Insurance – Penetration (%), 2016–2021
Figure 22: Algerian Property Insurance – Paid Claims (DZD Billion), 2012–2021
Figure 23: Algerian Motor Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 24: Algerian Motor Insurance – Penetration (%), 2012–2016
Figure 25: Algerian Motor Insurance – Penetration (%), 2016–2021
Figure 26: Algerian Motor Insurance – Paid Claims (DZD Billion), 2012–2021
Figure 27: Algerian Liability Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 28: Algerian Liability Insurance – Penetration (%), 2012–2016
Figure 29: Algerian Liability Insurance – Penetration (%), 2016–2021
Figure 30: Algerian Liability Insurance – Paid Claims (DZD Million), 2012–2021
Figure 31: Algerian Marine, Aviation and Transit Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 32: Algerian Marine, Aviation and Transit Insurance – Penetration (%), 2012–2016
Figure 33: Algerian Marine, Aviation and Transit Insurance – Penetration (%), 2016–2021
Figure 34: Algerian Marine, Aviation and Transit Insurance – Paid Claims (DZD Billion), 2012–2021
Figure 35: Algerian Personal Accident Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 36: Algerian Personal Accident Insurance – Penetration (%), 2012–2016
Figure 37: Algerian Personal Accident Insurance – Penetration (%), 2016–2021
Figure 38: Algerian Personal Accident Insurance – Paid Claims (DZD Million), 2012–2021
Figure 39: Algerian Health Insurance – Gross Written Premium (DZD Million), 2012–2021
Figure 40: Algerian Health Insurance – Penetration (%), 2012–2016
Figure 41: Algerian Health Insurance – Penetration (%), 2016–2021
Figure 42: Algerian Health Insurance – Paid Claims (DZD Million), 2012–2021
Figure 43: Algerian Travel Insurance – Gross Written Premium (DZD Billion), 2012–2021
Figure 44: Algerian Travel Insurance – Penetration (%), 2012–2016
Figure 45: Algerian Travel Insurance – Penetration (%), 2016–2021
Figure 46: Algerian Travel Insurance – Paid Claims (DZD Million), 2012–2021
Figure 47: Algerian Reinsurance – Premium Accepted (DZD Billion), 2012–2021
Figure 48: Algeria – Insurance Supervision and Control at Various Levels
Figure 49: Algeria – Insurance Regulatory Frameworks for Company Registration and Operation