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CAAR: Expected revenue for 2028 will exceed 20 billion Algerian dinars

In a statement to APS on the sidelines of a conference dedicated to the company's clients at the Sheraton Hotel in Annaba, Mr Meslouh specified that “the new strategic plan to be launched in 2026 aims to increase revenue, consolidate performance, and occupy a leading position in the national insurance market.”

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CAAR aims to regain its position as the national insurance market leader, not only in terms of revenue, but also through innovation, service quality, and the development of new offerings for individuals and businesses. It aims to increase its market share from 12% to 15% by promoting insurance awareness and improving risk management.

Several initiatives are planned for 2026: the launch of "supplier credit insurance," the creation of the "Caarama" mobile app to simplify the claims process, expansion into agricultural insurance, and diversification of offerings. These actions are part of a strategy aimed at achieving sustainable growth, enhancing customer confidence, and expanding nationally and internationally.

Finally, the CEO announced the upcoming opening of branches in Timimouné and Tamanrasset, illustrating the company's desire to bring services closer to citizens and strengthen its regional presence.

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CAAR: Expected revenue for 2028 will exceed 20 billion Algerian dinars

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