Motor third-party liability premiums to rise in 2025

In a press release, the Algerian Union of Insurance and Reinsurance Companies (UAR) announced that compulsory motor third-party liability insurance premiums are set to rise by 30% in 2025.

This increase will be implemented in two stages:

• 15% on 1 January 2025
• 15% on 1 July 2025

This rate revision comes in the wake of rising road accident claims and the structural deficit in compulsory motor third-party liability coverage.

These adjustments are intended to offset the deficit caused by an imbalance between premiums collected and claims paid.