Retrospective Maghreb 2003-2012

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• December
  Algeria: Insurance fraud becomes worrisome Maghreb: AON Benfield is launching a new model for the estimation of earthquake risks
• November
  Morocco: Prevention of industrial risks at a standstill Tunisia: Shareholders’ pact between Groupama and STAR renewed
• October
  Algeria: Profit of 23 million USD for CCR in 2011 Tunisia: Road crashes, a thorny issue for insurers
• July
  Morocco: MAMDA, farmers’ compensation scheme Tunisia: Tunis Re has a new head office
• June
  Morocco: Saham acquires a Lebanese insurer Tunisia: Wafa Assurance is getting established in Tunisia
• May
  Libya: Libo Insurance operations suspended Morocco: Regulating insurance via the internet
• April
  Algeria: Personal line insurance is displaying signs of weakness Morocco: Strategic partnerships for Saham Finances
• March
  Algeria: The government has published the list of foreign reinsurance brokers authorised to place Algerian risks Morocco: Wafa Assurance, substantial increase of turnover
• February
  Algeria: Record high turnover for CCR in 2011 Tunisia: Afrique Assistance renews with STAR
• January
  Libya: Tibesty, a new insurance company Tunisia: Tunis Re has announced a capital increase

• December
  Algeria: The motor business is dragging insurers down to the red zone Tunisia: Astree, rising loss experience of the motor business
• November
  Morocco: Establishment of Insurance of Africa Tunisia: An important capital increase for Maghrebia
• October
  Maghreb: The insurance penetration rate remains poor Algeria: The development of natural catastrophes insurance remains inadequate
• July
  Algeria: Three life insurance companies licensed Morocco: Insurers’ investments account for an important share of GDP
• June
  Morocco: An ambitious new program contract Tunisia: A ministerial decree to determine the nature of recent events
• May
  Maghreb: S&P is optimistic about insurance in the Maghreb Algeria: A new chart of accounts for insurance
• April
  Morocco: Brokers are pressing charges against banks Tunisia: Tunis Re celebrates its 30th anniversary
• March
  Algeria: The employment situation in the insurance industry Tunisia: The damages caused by revolution are estimated at 700 million USD
• February
  Morocco: Softening the prudential rules Tunisia: Tunis Re sets up a retakaful unit
• January
  Libya: Sahara Insurance: 2009 results Morocco: Axa, 1500 new jobs by 2012

• December
  Libya: Al Mukhtar, new insurance company Morocco: The Moroccan Saham acquires Colina group
• November
  Algeria: The Algerian public authorities are consolidating CCR‘s weight Morocco: Cnia Saada is getting listed
• October
  Algeria: Alliance Assurances is getting listed on Algiers' stock market Tunisia: AM Best confirms the A- rating of Best Re
• July
  Libya: Life insurance conference Morocco: MATU is struggling to stay alive
• June
  Algeria: AM Best has granted CCR a B+ rating Tunisia: Tunis Re has finalized its capital increase
• May
  Algeria: Natural catastrophes insurance is met with indifference Morocco: Microinsurance arrives in Morocco
• April
  Algeria: Insurers are asking for a 100% rise in motor tariffs Morocco: Reshuffle at the top of Sanad
• March
  Algeria: A rate of 0.25% of the written premiums to finance the insured guarantee fund Tunisia: Establishment of a new insurance company
• February
  Morocco: Demolish of legal cession continues Tunisia: Tunis Re is getting listed
• January
  Algeria: CASH submits its 2009-2013 strategic plan Tunisia: Salim, to be listed soon

• December
  Algeria: Alliance’s chairman is calling for a stable legal framework Morocco: New deadlines for the remittance of insurance intermediaries’ premiums
• November
  Morocco: Success of bancassurance in Morocco Tunisia: The profound restructuring of the Lloyd Tunisien is starting to bear fruit
• October
  Algeria: Increase of CCR Algiers’ capital Libya: Establishment of a new insurance company
• July
  Libya: Establishment of a new insurance company specialized in health risk Morocco: CNIA-Essaada merger has become effective since june 23
• June
  Algeria: A new indemnification system Tunisia: 2008 STAR’s results
• May
  Morocco: The new highway code generates strikes Tunisia: COTUNACE announces an increase of its capital
• April
  Algeria: CNMA launches a new crop insurance policy Mauritania: NASR's certification is maintained
• March
  Libya: African Insurance held a conference on aviation insurance  Morocco: Purchase of Marocaine Vie's stakes
• February
  Algeria : SAA reveals that over 80% of proprierors are not insured Tunisia: Significant development of agricultural insurance
• January
  Road safety, an alarming report

• December
  Morocco: Floods in Tangiers Tunisia: STAR celebrates its 50th anniversary
• November
  Mauritania: Establishment of an association called «the Mauritanian road safety » Tunisia: CTAMA controls 92% of the agricultural risks underwritten in Tunisia
• October
  Algeria: AXA has applied for a license to operate in Algeria Tunisia: Recapitalization of STAR
• July
  Algeria: CAAR launches the supplementary pension scheme Morocco: Claims settlement was achieved at a speedy pace
• June
  Morocco: Brokers ask for a revision of the VAT Tunisia: The privatization of the STAR would be achieved gradually
• May
  Libya: Takaful Insurance diversifies its range of products and embarks on health insurance Mauritania: NASR obtains the ISO 9001 version 2000 certification
• April
  Algeria: FFSA carries out an assessment mission in Algeria Morocco: CNIA, capital increase
• March
  Algeria: France and Algeria settled their dispute regarding independence Tunisia: The Tunisian subsidiary of Mapfre group is renamed
• February
  Morocco: End of collaboration between Banque Populaire and CNIA Tunisia: Hayett celebrates its 20th anniversary
• January
  Algeria: The Algerian market is re-opened to French companies Libya: Libya Insurance opens its capital to the private sector

• December
  Algeria: CASH dedicates one day for the insurance of small and medium seized companies Morocco: BP acquires 43% of Marocaine Vie
• November
  Morocco: Atlanta gets listed Tunisia: Tunis Re is reorganising
• October
  Algeria: Important transcation between EMP and GAM Libya: Takaful Insurance Company starts its activities
• July
  Morocco: About 50% increase of WAFA shares Tunisia: Partnership between CAGEX and COTUNACE
• June
  Morocco: The ADP organizes a training session for the executive satff of insurance companies Tunisia: The post celebrates the 2000^th insured of «Poste Assurance»
• May
  Algeria: CAAT embarks on assistance insurance Tunisia: The «bonus-malus» system extended to commercial vehicles
• April
  Libya: Two new companies on the insurance market Morocco: Atlanta and Sanad announce their listing
• March
  Algeria: UAR claims the increase of motor TPL premiums Tunisia: International conference on motor insurance
• February
  Algeria: Creation of Gras Savoye Algérie Services Morocco: Towards a more rigorous highway code
• January
  Algeria: An agreement was finally reached between Algerian and French authorities Morocco: AXA Assurances Maroc purchases ONA’ stakes

• December
  Morocco: WAFA Assurance is implementing its strategic plan «Elan» Tunisia: AMI, return to profits
• November
  Libya: Libya Insurance Co. publishes its first information magazine Morocco: AXA plans to create 1500 administrative jobs
• October
  Algeria: Establishment of a subsidiary to combat insurance fraud Morocco: CNIA acquires Essaada
• July
  Algeria: MAATEC, a committee of inquiry Tunisia: Debate on motor insurance
• June
  Morocco: AXA France relocates its sevices in Morocco Tunisia: Al Baraka Group withdraws from Best Re’s capital
• May
  Algeria: Management of risks related to energy industries Morocco: Establishment of a captive brokerage firm, BMCE Assurbank
• April
  Algeria: The agricultural mutual insurance celebrates its 100th anniversary Tunisia: Establishment of the « Bureau Unifié Automobile Tunisien » (B.U.A.T.)
• March
  Algeria: Liberalization of the market Morocco: Wafa Assurance launches a motor insurance policy for women
• February
  Libya: Regulation of the sector Tunisia: COTUNACE obtains the ISO 9001 certification
• January
  Morocco: Entry into force of the insurance code Tunisia: Creation of a fund for road safety

• December
  Morocco: SCR, the best capitalized company in Africa Tunisia: Breakdown of motor risks
• November
  Algeria: Creation of Alliance Assurance endowed with a capital of 7 million USD Tunisia: Restructuring plan of STAR
• October
  Morocco: The Caisse de Dépôt et de Gestion  acquires 40% of Atlanta and Sanad Tunisia: A new indemnification system of bodily injuries
• July
  Morocco: An examination to obtain an insurance intermediary license Tunisia: Reform of motor insurance
• June
  Libya: The main provisions of the new law regulating the sector Tunisia: FTUSA searching for solutions to motor TPL’s issue
• May
  Morocco: SAHAM takes control of CNIA Mauritania: Local market results in 2004
• April
  Algeria: 135 measures to remedy the market malfunctions Tunisia: The Lloyd changed its head office and its managerial team
• March
  Algeria: The GM and chairman of the board positions are heneforth not combined Morocco: CNIA, sold to SAHAM group
• February
  Morocco: The situation of CAT is worrying Tunisia: AGF withdraws of Astree capital
• January
  Algeria: SAA celebrates its 40th anniversary Morocco: CNIA and AXA heavily taxed

• December
  Morocco: First steps of RMA Wataniya Tunisia: GAT, two new shareholders
• November
  Libya: Creation of two new insurance companies in Tripoli Mauritania: Compulsory insurance on import
• October
  Algeria: Compulsory insurance for stadiums Tunisia: Tariff increase of facultative motor risks
• September
  Algeria: Price war for travel insurance Morocco: Toll of the Dolidol factory’s fire
• June
  Morocco: Increase of Marocaine Vie’s capital Tunisia: ARIG transfers to Bahrain its Tunis branch’s activities
• May
  Mauritania: Creation of the federation of Mauritanian insurers Tunisia: Increase of GAT’s capital
• April
  Algeria: Introducing the MEDA scheme Morocco: The transfer of AXA’s bancassurance activities to WAFA is no more a priority
• March
  Morocco: WAFA Assurances will ensure the bancassurance activities of BCM Tunisia: The tariffs of some compulsory guarantees are under study
• February
  Algeria: Assessment of the fire explosion of Skikda’s complex Algeria: Crash of the Tassili Airlines’ plane
• January
  Algeria: Establishment of the « Fonds de Garantie Automobile » Morocco: Establishment of RMA-Wataniya

• December
  Morocco: BCM acquired WAFA group Tunisia: New regulation for life and credit insurance
• November
  Maghreb: CAGEX, COTUNACE and SMAEX have signed cooperation agreements Tunisia: Withdrawal of license for Al Ittihad and creation of AMI
• October
  Algeria: Adopting the project of compulsory insurance for natural catastrophes Morocco: Bancassurance, article 109 of the insurance code is problematic
• September
  Algeria: The future of Star Hana is going worse Libya: Authorities count on privatization
• July
  Algeria: Khalifa Bank, 13 million USD due to its insurers Morocco: Casablanca’s attacks, the staff of Hotel Farah is insured