Slowing economy weighs on insurance sector
Posted On: Jul. 5, 2017 4:00 AM CSTAlgeria’s slowing economy prompted its insurance industry's total premiums to slide nearly 8% year over year to more than 36 billion Algerian dinars ($336 million) in the first quarter, Middle East Insurance Review reported. Nonlife premiums declined 8.6% to DZD 32.5 billion. The fire and risk division's turnover fell 14.7% to DZD 10.3 billion in the first quarter.