Tunisia: Insurer AMI to launch call for expression of interest to select foreign partner
Thursday, 03 March 2016 16:58
Tunisian insurer AMI Assurances will launch in April a call for expression of interest for the selection of a strategic foreign partner, website ilboursa reported on March 2.
The new partner should be known by October 2016. This partner will hold a 33% stake in the firm’s capital, post-augmentation.
Founded in 2003, AMI Assurances, as it acquired a complete mastery of automobile risk and substantial development of individual-dedicated products, is Tunisia’s third insurer.
Listed on the Tunis Bourse, AMI Assurances has as major shareholders, Banque Nationale Agricole (22%) and Hédi Bouchamaoui Group Holding (20%).
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