Algerian Insurance Company Raises Share Capital to DZD 40 Billion

The Algerian Insurance Company has announced an increase in its share capital from DZD 35 billion to DZD 40 billion, strengthening its financial position and supporting its future development plans.

According to a company statement issued on Thursday, July 30, 2026, the DZD 5 billion increase will be carried out through the incorporation of reserves into the company’s capital. This means that the operation will rely on financial resources already retained by the company rather than on new external contributions.

The decision reflects the company’s efforts to consolidate its financial foundations and enhance its capacity to meet its obligations in the insurance market.

A stronger capital base can also provide an insurance company with greater flexibility to expand its activities, develop new services and respond to the evolving needs of individuals and businesses.

Increasing share capital through the incorporation of reserves is generally considered an indication that a company has accumulated sufficient internal resources to reinforce its equity.

The operation does not necessarily involve an immediate cash injection, but it converts part of the company’s reserves into permanent share capital.The move comes as Algeria continues working to modernise its banking, financial and insurance sectors.

National insurance companies are expected to play an increasingly important role in protecting economic activities, supporting investment and offering coverage adapted to emerging risks.

With its share capital now reaching DZD 40 billion, the Algerian Insurance Company is expected to benefit from a more solid financial structure.

The increase could help the company improve its competitiveness and strengthen the confidence of customers and economic partners in its ability to provide reliable insurance services.

The company did not provide additional details regarding new projects or operational programmes associated with the capital increase.