Tunisia: Insurance companies’ revenues grew by 6.2% in 2019
Thursday, 22 October 2020 16:08
Last year, the turnover of insurance companies grew by 6.2% reaching TND2.3 billion (about $841,438).
According to Tera Finances, which reported the information in a recent study, the increase was driven by the growth of insurance premiums in multi-line insurance companies (+98.2 million dinars) and single-line companies (+40.7 million dinars).
Non-life insurance premiums increased by TND85.5 million (+4.9%) and life insurance premiums by TND53.4 million (+10.5%). Carte Assurances achieved the highest growth in the non-life branch and Gat Vie in the life branch.
Comparing the revenues of 21 insurance companies (the country has 22 in total), during the fiscal year 2019, Tera Finances found that the insurer Star is the market leader with a turnover of TND374.9 million. Right behind are Comar and Gat Assurances, respectively.
Chamberline Moko
Live News
-
Guinea-focused Asara Resources adds Matthew Sharples to board
20:53
-
Africa Drives Global Air Freight Growth in March Despite Sharply Slower Expansion
20:37
-
Cameroon taps youth input for new migration policy at Yaoundé forum
20:26
-
ECOWAS ministers endorse draft legal framework to tackle maritime crime
20:03
-
Togo employers, unions sign new interprofessional collective agreement
20:00
-
South Sudan Declines to Renew Oranto’s B3 License After Senegal Precedent
19:12
-
Record Tungsten Prices Put Rwanda Ahead of DRC and on U.S. Supply Radar
18:55
-
Yaoundé Dialogue Reframes Migration as Economic System, Puts Youth at the Centre
19:12
-
Togo plans tighter checks, digital tools to tackle uninsured vehicles
06:02
-
Spiro Partners Yango Operator to Roll Out Electric Motorbikes in Douala
05:56
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Matthew Sharples, who has served as Asara Resources’ managing director for over a year, had not until now been directly involved in board deliberations....
Africa air freight volumes rise 7% in March 2026 Growth slows after strong January-February surge, key routes decelerate Global cargo declines amid...
South Sudan declines to renew Oranto’s oil block B3 contract Audit cites failure on seismic surveys and drilling commitments Block reopened to...
Tungsten prices surpass $3,000/tonne amid supply disruptions, China curbs Rwanda, DRC gain opportunities; Rwanda leads with higher output US...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....