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Alliance Assurances Spa (Algeria)

Main Activities: Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Alliance Assurances Spa Profile Updated: February 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Alliance Assurances Spa is an Algerian private insurance company that was approved in July 2005. They offer a wide range of insurance and reinsurance operations. In 2011, Alliance Assurances became the first private company to be listed on the Algiers Stock Exchange, demonstrating their commitment to the national economy and emerging financial market. The company adheres to transparent and regular financial communication obligations and follows the recommendations of the stock market authorities. With over 17 years of experience, Alliance Assurances has dedicated its energy and expertise to becoming the preferred insurer for Algerians. They have been a national pioneer in automobile assistance through their subsidiary ATA for over 12 years. Over the years, they have anticipated the needs of various segments of society and introduced exclusive products and services in Algeria. In addition to automobile insurance, Alliance Assurances offers a range of products for individuals, professionals, and businesses. They continue to expand their collection of solutions as they work towards their objectives.

Headquarters
Centre Des Affaires El-Qods, Bloc Lmno, Porte 14, 7Eme Etage, Cheraga
Algiers; Algiers;

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Website: http://www.allianceassurances.com.dz

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2005
Key Executives
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Executive Vice President
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Subsidiaries
Aom Invest Spa
0.86%
Company Performance
Financial values in the chart are available after Alliance Assurances Spa report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency DZD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-22.28%
Operating profit (EBIT)
-76.48%
Net Profit (Loss) for the Period
-37.28%
Total assets
5.17%
Receivables
5.12%
Total equity
2.83%
Net Premiums Earned Trend
470.78%
Net Profit Trend
117.08%
Return on Equity (ROE)
-1.18%
Underwriting Expenses Ratio
27.59%

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