The Insurance Industry in Algeria, Key Trends and Opportunities to 2019

Publisher Name :
Date: 20-Oct-2015
No. of pages: 108
Inquire Before Buying

Synopsis

Timetric's ' The Insurance Industry in Algeria, Key Trends and Opportunities to 2019' report provides detailed analysis of the Algerian insurance industry. It provides key performance indicators such as written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019). The report also analyzes 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 regulatory structure.

Summary

The 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 Algerian economy and demographics

• The detailed competitive landscape in the Algerian insurance industry

• The various distribution channels in the Algerian insurance industry

• Detailed regulatory policies of the Algerian insurance industry

• Analysis of natural hazards in 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 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

• It offers a detailed analysis of the key segments in the Algerian insurance industry, along with market forecasts until 2019.

• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, combined ratio, total assets, total investment income and retentions.

• 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 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

• The Algerian insurance industry grew in terms of gross written premium at a review-period CAGR of 10.7%.

• The insurance industry is regulated by the Conseil National des Assurances (CNA), under the Treasury of the Ministry of Finance.

• The Algerian insurance industry comprised 23 insurance providers as of 2014.

• Non-life insurance accounted for the largest share of the industry's gross written premium in 2014, with 92.7%.

• Motor insurance was the largest category within the segment during the review period, in terms of gross written premium.

• Low insurance penetration to attract foreign investors.

• Construction industry to spur growth of property insurance category.

The Insurance Industry in Algeria, Key Trends and Opportunities to 2019

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Algerian Insurance Industry Overview
4.1 Life Insurance Outlook
4.2 Non-Life Insurance Outlook
4.2.1 Property insurance
4.2.2 Motor insurance
4.2.3 Marine, aviation and transit insurance
4.3 Personal Accident and Health Insurance Outlook
4.3.1 Personal accident insurance
4.3.2 Health insurance
4.3.3 Travel insurance
4.4 Reinsurance Outlook
5 Distribution Channel Outlook
6 Natural Hazards
6.1 Floods
6.2 Wildfire
6.3 Storms
6.4 Earthquakes
6.5 Exposure
7 Competitive Landscape
7.1 Overview
7.2 Leading Companies
7.2.1 Société Nationale d'Assurance - company overview
7.2.2 Compagnie Algérienne d'Assurances - company overview
7.2.3 Compagnie Algérienne d'Assurance et de Réassurance - company overview
7.2.4 Compagnie d'Assurances des Hydrocarbures - company overview
7.2.5 Caisse Nationale de Mutualité Agricole - company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest changes in Regulations
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Motor third-party liability insurance
8.4.2 Aviation third-party liability and aviation hull insurance
8.4.3 Property insurance against natural disasters
8.5 Supervision and Control
8.5.1 African Insurance Organization
8.5.2 Conseil National des Assurances
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and penalties
8.7 Company Registration and Operations
8.7.1 Types of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margins
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Withholding taxes on premium paid overseas
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution (ADR)
9 Definitions and Methodology
9.1 What is this Report About?
9.2 Definitions
9.3 Methodology
10 Appendix
10.1 Methodology
10.2 Contact Timetric
10.3 About Timetric
10.4 Timetric's Services
10.5 Disclaimer

List of Tables
Table 1: Algerian Insurance Industry - Key Facts
Table 2: Algerian Insurance Gross Written Premium by Segment (DZD Billion), 2010-2014
Table 3: Algerian Insurance Gross Written Premium by Segment (US$ Million), 2010-2014
Table 4: Algerian Insurance Gross Written Premium by Segment (DZD Billion), 2014-2019
Table 5: Algerian Insurance Gross Written Premium by Segment (US$ Million), 2014-2019
Table 6: Algerian Insurance Segmentation by Gross Written Premium (% Share), 2010-2019
Table 7: Algerian Life Insurance - Gross Written Premium by Sub-Segment (DZD Billion), 2010-2014
Table 8: Algerian Life Insurance - Gross Written Premium by Sub-Segment (US$ Million), 2010-2014
Table 9: Algerian Life Insurance - Gross Written Premium by Sub-Segment (DZD Billion), 2014-2019
Table 10: Algerian Life Insurance - Gross Written Premium by Sub-Segment (US$ Million), 2014-2019
Table 11: Algerian Life Insurance Segmentation by Gross Written Premium (Percentage Share), 2010-2019
Table 12: Algerian Life Insurance - Direct Written Premium by Sub-Segment (DZD Billion), 2010-2014
Table 13: Algerian Life Insurance - Direct Written Premium by Sub-Segment (US$ Million), 2010-2014
Table 14: Algerian Life Insurance - Direct Written Premium by Sub-Segment (DZD Billion), 2014-2019
Table 15: Algerian Life Insurance - Direct Written Premium by Sub-Segment (US$ Million), 2014-2019
Table 16: Algerian Life Insurance Segmentation by Direct Written Premium (Percentage Share), 2010-2019
Table 17: Algerian Life Insurance - Paid Claims (DZD Billion), 2010-2014
Table 18: Algerian Life Insurance - Paid Claims (DZD Billion), 2014-2019
Table 19: Algerian Non-Life Insurance - Gross Written Premium by Category (DZD Billion), 2010-2014
Table 20: Algerian Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 21: Algerian Non-Life Insurance - Gross Written Premium by Category (DZD Billion), 2014-2019
Table 22: Algerian Non-Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 23: Algerian Non-Life Insurance - Direct Written Premium by Category (DZD Billion), 2010-2014
Table 24: Algerian Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 25: Algerian Non-Life Insurance - Direct Written Premium by Category (DZD Billion), 2014-2019
Table 26: Algerian Non-Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 27: Algerian Non-Life Insurance - Paid Claims (DZD Billion), 2010-2014
Table 28: Algerian Non-Life Insurance - Paid Claims (DZD Billion), 2014-2019
Table 29: Algerian Property Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 30: Algerian Property Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 31: Algerian Motor Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 32: Algerian Motor Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 33: Algerian Marine, Aviation and Transit Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 34: Algerian Marine, Aviation and Transit Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 35: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (DZD Billion), 2010-2014
Table 36: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 37: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (DZD Billion), 2014-2019
Table 38: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 39: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (DZD Billion), 2010-2014
Table 40: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 41: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (DZD Billion), 2014-2019
Table 42: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 43: Algerian Personal Accident and Health Insurance - Paid Claims (DZD Billion), 2010-2014
Table 44: Algerian Personal Accident and Health Insurance - Paid Claims (DZD Billion), 2014-2019
Table 45: Algerian Personal Accident Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 46: Algerian Personal Accident Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 47: Algerian Health Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 48: Algerian Health Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 49: Algerian Travel Insurance - Gross Written Premium (DZD Billion), 2010-2014
Table 50: Algerian Travel Insurance - Gross Written Premium (DZD Billion), 2014-2019
Table 51: Algerian Reinsurance Accepted (DZD Billion and US$ Million), 2010-2014
Table 52: Algerian Reinsurance Accepted (DZD Billion), 2014-2019
Table 53: Algerian Average Annual Loss by Hazard
Table 54: Algeria Insurance Industry - Market Share, 2013
Table 55: Société Nationale d'Assurance, Key Facts
Table 56: Compagnie Algérienne d'Assurances, Key Facts
Table 57: Compagnie Algérienne d'Assurance et de Réassurance, Key Facts
Table 58: Compagnie d'Assurances des Hydrocarbures, Key Facts
Table 59: Caisse Nationale de Mutualité Agricole, Key Facts
Table 60: Algeria - Insurance Regulatory Framework Key Features
Table 61: Algeria - Life Insurance Regulatory Framework
Table 62: Algeria - Property Insurance Regulatory Framework
Table 63: Algeria - Motor Insurance Regulatory Framework
Table 64: Algeria - Liability Insurance Regulatory Framework
Table 65: Algeria - Corporate Tax Rates for the Financial Year 2015
Table 66: Insurance Industry Definitions

List of Figures
Figure 1: Algerian Real GDP (DZD Billion) , 2010-2019
Figure 2: Algerian Consumer Price Inflation, 2010-2019
Figure 3: DZD/US$ Exchange Rate, 2010-2019
Figure4: Algerian Unemployment Rate, 2010-2019
Figure 5: Algerian Population by Age Group, 1991-2025
Figure 6: Algerian Insurance Gross Written Premium by Segment (DZD Billion), 2010-2019
Figure 7: Algerian Insurance Gross Written Premium Market Dynamics by Segment, 2010-2019
Figure 8: Algerian Life Insurance - Gross Written Premium by Sub-Segment (DZD Billion), 2010-2019
Figure 9: Algerian Life Insurance - Gross Written Premium Dynamics by Sub-Segment, 2010-2019
Figure 10: Algerian Life Insurance - Direct Written Premium by Sub-Segment (DZD Billion), 2010-2019
Figure 11: Algerian Life Insurance - Direct Written Premium Dynamics by Sub-Segment, 2010-2019
Figure 12: Algerian Life Insurance - Paid Claims (DZD Billion), 2010-2014
Figure 13: Algerian Life Insurance - Paid Claims (DZD Billion), 2014-2019
Figure 14: Algerian Life Insurance - Insurance Penetration (Ratio of Direct Premiums to GDP), 2010-2014
Figure 15: Algerian Life Insurance - Insurance Density (Direct Premiums per Capita) (DZD), 2010-2014
Figure 16: New Motor Vehicle Sales in Algeria, 2010-2014
Figure 17: Algerian Construction - Output Value by Category (DZD Billion), 2010-2014
Figure 18: Algerian Non-Life Insurance - Gross Written Premium by Category (DZD Billion), 2010-2019
Figure 19: Algerian Non-Life Insurance - Gross Written Premium by Category (%), 2014 and 2019
Figure 20: Algerian Non-Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 21: Algerian Non-Life Insurance - Direct Written Premium by Category (DZD Billion), 2010-2019
Figure 22: Algerian Non-Life Insurance - Direct Written Premium by Category (%), 2014 and 2019
Figure 23: Algerian Non-Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 24: Algerian Non-Life Insurance - Paid Claims (DZD Billion), 2010-2014
Figure 25: Algerian Non-Life Insurance - Paid Claims (DZD Billion), 2014-2019
Figure 26: Algerian Non-Life Insurance Penetration (Ratio of Direct Premiums to GDP), 2010-2014
Figure 27: Algerian Non-Life Insurance Density (Direct Premiums per Capita) (DZD), 2010-2014
Figure 28: Algerian Property Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 29: Algerian Property Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 30: Algerian Motor Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 31: Algerian Motor Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 32: Algerian Marine, Aviation and Transit Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 33: Algerian Marine, Aviation and Transit Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 34: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (DZD Billion), 2010-2019
Figure 35: Algerian Personal Accident and Health Insurance - Gross Written Premium by Category (%), 2014 and 2019
Figure 36: Algerian Personal Accident and Health Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 37: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (DZD Billion), 2010-2019
Figure 38: Algerian Personal Accident and Health Insurance - Direct Written Premium by Category (%), 2014 and 2019
Figure 39: Algerian Personal Accident and Health Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 40: Algerian Personal Accident and Health Insurance - Paid Claims by Category (DZD Billion), 2010-2014
Figure 41: Algerian Personal Accident and Health Insurance - Paid Claims (DZD Billion), 2014-2019
Figure 42: Algerian Personal Accident and Health Insurance Penetration (Ratio of Direct Premiums to GDP), 2010-2014
Figure 43: Algerian Personal Accident and Health Insurance Density (Direct Premiums per Capita) (DZD), 2010-2014
Figure 44: Algerian Personal Accident Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 45: Algerian Personal Accident Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 46: Algerian Health Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 47: Algerian Health Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 48: Algerian Travel Insurance - Gross Written Premium (DZD Billion), 2010-2014
Figure 49: Algerian Travel Insurance - Gross Written Premium (DZD Billion), 2014-2019
Figure 50: Algerian Frequency of Hazards by Type, 1990-2014
Figure 51: Algerian Mortality by Hazard Type, 1990-2014
Figure 52: Algerian Economic Losses Caused by Hazards by Type, 1990-2014
Figure 53: Algeria Insurance Industry - Market Share 2013
Figure 54: Algeria - Insurance Supervision and Control at Various Levels
Figure 55: Algeria - Insurance Regulatory Frameworks for Company Registration and Operation
  • Global Travel Insurance Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 99
    Travel insurance is a product focused on protecting policyholders against specified losses, accidents or other adverse events, which may occur before or during travel. Examples include trip cancellation/interruption, overseas medical expenses for injury or illness, theft of valuables, and baggage delay or damage. Many travel insurance policies also include The provision of emergency medical assistance services, such as call center operating 24 hours, seven days a week, and an international netwo......
  • Global Mobile Phone Insurance Ecosystem Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 89
    Mobile insurance refers to a type of insurance cover which is available to protect your mobile, iPhone or PDA in The event it is lost, stolen or accidentally damaged, either in The domestic area or overseas. Mobile insurance cover can be taken out on a monthly or annual basis paid by direct debit or in some cases by credit card, some insurers offer an automatic renewal service when The policy expires. Insurance is a big part of The mobile ecosystem. Most major wireless carriers, insurance ......
  • Global Flood Insurance Market Research Report 2024
    Published: 08-Jan-2024        Price: US 2900 Onwards        Pages: 90
    Flood insurance denotes The specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands, floodplains and floodways that are susceptible to flooding. The global Flood Insurance market was valued at US$ 12290 million in 2023 and is anticipated to reach US$ 34930 million by 2030, witnessing a CAGR of 15.9% during The forecast period 2024-2030. USA is The l......
  • Global Travel Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 134
    According to our LPI (LP Information) latest study, the global Travel Insurance market size was valued at US$ 20380 million in 2023. With growing demand in downstream market, the Travel Insurance is forecast to a readjusted size of US$ 32170 million by 2030 with a CAGR of 6.7% during review period. The research report highlights the growth potential of the global Travel Insurance market. Travel Insurance are expected to show stable growth in the future market. However, product differenti......
  • Global Specialty Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 149
    According to our LPI (LP Information) latest study, the global Specialty Insurance market size was valued at US$ 28270 million in 2023. With growing demand in downstream market, the Specialty Insurance is forecast to a readjusted size of US$ 38910 million by 2030 with a CAGR of 4.7% during review period. The research report highlights the growth potential of the global Specialty Insurance market. Specialty Insurance are expected to show stable growth in the future market. However, produc......
  • Global Mobile Phone Insurance Ecosystem Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 109
    According to our LPI (LP Information) latest study, the global Mobile Phone Insurance Ecosystem market size was valued at US$ 25010 million in 2023. With growing demand in downstream market, the Mobile Phone Insurance Ecosystem is forecast to a readjusted size of US$ 53430 million by 2030 with a CAGR of 11.5% during review period. The research report highlights the growth potential of the global Mobile Phone Insurance Ecosystem market. Mobile Phone Insurance Ecosystem are expected to sho......
  • Global Professional Liability Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 159
    According to our LPI (LP Information) latest study, the global Professional Liability Insurance market size was valued at US$ 42530 million in 2023. With growing demand in downstream market, the Professional Liability Insurance is forecast to a readjusted size of US$ 54210 million by 2030 with a CAGR of 3.5% during review period. The research report highlights the growth potential of the global Professional Liability Insurance market. Professional Liability Insurance are expected to show......
  • Global Pet Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 124
    According to our LPI (LP Information) latest study, the global Pet Insurance market size was valued at US$ 5313.1 million in 2023. With growing demand in downstream market, the Pet Insurance is forecast to a readjusted size of US$ 13300 million by 2030 with a CAGR of 14.0% during review period. The research report highlights the growth potential of the global Pet Insurance market. Pet Insurance are expected to show stable growth in the future market. However, product differentiation, red......
  • Global Cyber Insurance Market Growth (Status and Outlook) 2024-2030
    Published: 04-Jan-2024        Price: US 3660 Onwards        Pages: 125
    According to our LPI (LP Information) latest study, the global Cyber Insurance market size was valued at US$ 9121.2 million in 2023. With growing demand in downstream market, the Cyber Insurance is forecast to a readjusted size of US$ 74780 million by 2030 with a CAGR of 35.1% during review period. The research report highlights the growth potential of the global Cyber Insurance market. Cyber Insurance are expected to show stable growth in the future market. However, product differentiat......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs