Despite a rocky start, the hydrocarbon insurance company CASH had historic results in 2016.
Premiums did even out in 2016 with approximately 9.9 billion DA, and CASH created a net insurance margin of about 2.5 billion DA, which was a 17 percent increase from 2015, in addition to being able to offer its shareholders a renumeration of 14 percent. The company is healthy at this point, with a solvency margin of more than 11 billion DA, marking more than 6 times the minimum level.
CASH has also become one of the pioneers in subscribers to the National Economic Growth Loan, as it entered as a investor before becoming a subscriber.
The company also worked on its business management, increasing the quality of connections that it had and giving its shareholders a return on equity of 9.6 percent.
