Transfer of the CASH head office

CASH Assurances has transferred its headquarter to a new address located at 135 Boulevard des Martyrs in Algiers.

The Algerian insurer showed excellent performance in 2014. Its net profit of 819 million DZD (9.36 million USD) was up by 65% compared to 2013. Written premiums rose by 24% to reach 12 billion DZD (137.2 million USD) and a favorable technical margin with a combined ratio of 59%.