Personal insurance is much less developed in Algeria than property and casualty lines, a reversal of the situation in most Western countries – where life tends to dominate – but par for the course in emerging markets. Personal insurance premiums also fell in annual terms for the entirety of 2012, as a new law banned firms from selling both life and...
Rising incomes facilitated by Algeria’s economic development, coupled with increasing exposure to international brands and modern outlets, are combining to create the right environment for retail expansion. Although most sales are still channelled through the informal sector and small, family-owned stores, growing examples of successful, large-scale...
Long-pending and extensive amendments to Algeria’s 2005 Hydrocarbons Law cleared parliament in January 2013 and were passed into law shortly after. The changes were made in part to attract investment into unconventional resources and stoke interest in new bidding offers, following three rounds in recent years that produced disappointing results.
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