The Algerian insurance market has demonstrated a robust performance in the first nine months of 2025, with total production across various sectors reaching approximately DZD 142.9 billion. This represents a significant growth of 7.3 percent compared to the same period in 2024, according to the latest data from the National Insurance Council.
Dominance of Damage Insurance
The data reveals that damage insurance continues to dominate the market, accounting for 81.1 percent of total activity, with a transaction value of DZD 115.9 billion between January and September 2025. This performance is primarily attributed to the dynamism of key branches, particularly motor insurance.
Life Insurance Sees Moderate Growth
In contrast, life insurance generated a turnover of approximately DZD 16.4 billion by the end of September, registering a moderate annual growth of 4.2 percent. This reflects a stable demand for this type of insurance product.
Motor Insurance Drives Growth
Motor insurance, which constitutes over half (50.3 percent) of the damage insurance business, achieved a turnover of nearly DZD 58.3 billion, an increase of 5.2 percent compared to 2024. The branch related to non-mandatory risks played a significant role in this increase, recording a growth of 7.2 percent to reach DZD 45.5 billion.
Fire and Miscellaneous Risks Perform Well
The fire and miscellaneous risks branch also performed well, generating a turnover of approximately DZD 48.5 billion, marking an increase of 3.9 percent, equivalent to an additional production of DZD 1.8 billion during the same period.
Agricultural Sector Shows Remarkable Growth
The agricultural sector experienced remarkable growth, with production reaching DZD 1.9 billion in the first nine months of 2025, an annual increase of 22.5 percent. This growth was primarily driven by the recovery of animal insurance, which represents approximately 44 percent of the turnover in this branch.
Islamic Insurance Continues Expansion
Islamic insurance (Takaful) continued its upward trajectory, demonstrating significant expansion in the market.
