Monday 24 February 2025 
Moroccan insurance companies affiliated with the makhzene, with Franco-Spanish collusion, are trying to control the Spanish branch of Medicaid and car insurance here in Algeria, sources told “Dzair Tube”.
The same sources indicated that the French company AXA and the Spanish mapfre assistancia sold their branches in Algeria to Moroccan companies affiliated with the Makhzene, in the same way as the Egyptian businessman Naguib Sawiris sold his cement works to the French company Lafarge in 2008 without the knowledge of Algeria.
In April 2022, Adlan Mecellem, Managing Director of Axa Algérie, announced from Dubai on his official account on Linkdin that axa assistance partners had sold the majority of its shares in Axa Assistance to Maroc Assistance, for all of its activities in Morocco and across Africa, including Algeria.
Note that Adlan Mecellem is a Franco-Algerian residing in Dubai in the United Arab Emirates, son of a former senior official in Algeria, founding director of AXA Algeria since its creation in 2009 until 2017.
As for Maroc Assistance, it is a subsidiary of the largest Moroccan insurance company; Wafa assurance, which is directly affiliated with an investment holding company controlled by the Moroccan royal family, add the same sources.
Since 2010, Axa assistance partners has become a partner of Saa Assurance in accordance with the 51/49 rule, and the company Inter partner assistance (IPA) controls 42% of the Algerian assistance market.
Since 2012, Algerian insurance companies (CNMA, AXA ALGERIE, Saa, CAAT 35%, 15% CAAR, 45% CASH) have contracted exclusively with the French company AXA IPA.
Mapfre assistancia Afrique has been present in Algeria since 2010 and controls 45% of the Algerian market, and is a subsidiary of the Spanish giant mapfre assurance.
Since 2013, Algerian insurance companies (CIAR GAM, SALAMA, AGLIG, 2a, caat, caar 30%, 55% cash, caat 25%) have contracted exclusively with the Spanish company mapfre assistancia africa.
In December 2021, the parent company, mapfre assurance, sold 66% of its shares to the Moroccan Society for Medical Assistance (ISSAF MONDIALE ASSISTANCE MAROC), owned by the financial group SAHAM FINANCE, by the Moroccan Minister of Economy and du Commerce, Moulay Hafid Elalamy, who is very close to the king. The divestiture included the medical assistance and car service businesses, excluding travel to Morocco, throughout Africa and the Middle East.
In this way, the Makhzen wants to obtain indirect access to the Algerian financial market with French and Spanish complicity, in addition to the presence of sensitive and exclusive information on the national park and the health of millions of Algerians, which has become under the control of the information network of these two companies affiliated to the Moroccan Makhzen, is this therefore considered as a carelessness of the Algerian officials, or is it a question of complicity or incompetence.
The market for health insurance, medical assistance and car insurance is estimated at around 150 million euros per year, and the Makhzen now controls 87% of its income, which is transferred directly in foreign currency to the country. abroad, in particular by devious means, by transfers to branches located in Portugal to disguise and erase traces. The rest of the market is divided between 5 local companies which provide the same service with good quality, with a purely Algerian workforce and without transfer of foreign currency, namely: ALLO ASSISTANCE, ATA ASSISTANCE of the Association Nationale d’Utilité Publique, Touring Club d’Algérie in partnership with Alliance Assurance, MAGH ASSISTANCE, RAYANE ASSISTANCE DZ, and SAADIA ASSISTANCE, and these companies have contracts, even marginal, with certain local dealers in the field of insurance, such as: ALLIANCE, ATA CAARAMA, TALA, GAM, ALGIG, CiAR, GIG, AGB, MACIR and part of CAAT CAAR.
In addition to all this, Moroccan companies are able to transfer more than 130 million euros annually to Morocco with Franco-Spanish collusion, and in the absence of local officials, without Algerian companies benefiting from the transfer of technology or training, and these services have become a dairy cow to drain the currency of Algeria and transfer it in front of everyone, then the authorities concerned will act to put an end to such abuses?
Some accomplice voices that rise here and there have begun to promote theses such that Algeria has been placed outside the framework of these suspicious transactions of the Makhzen, with omission or local complicity, but the irrefutable truth is otherwise.
Why are Moroccan companies indirectly trying to control the Algerian insurance market and their aim is to take sensitive health information from Algerians without surveillance.
Why do those responsible for the Algerian insurance sector neglect to trust the information networks that have a direct or indirect relationship with Morocco through networks located in France, Spain and Portugal, despite the clarity of the instruction presidential n°2 published in May 2021, which underlined the limitation of such measures in an immediate and urgent manner.
Isn’t it time to seriously examine these transactions and hold accountable those responsible for taking a direction that contradicts Algeria’s interests?
Ahmed Achour