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
-
Yaoundé Dialogue Reframes Migration as Economic System, Puts Youth at the Centre
19:12
-
Cameroon Awards five Oil Blocks, four Remain Unawarded in Latest Round
18:32
-
Uranium: Lotus Advances Toward Production in Botswana as Orano Moves In
15:57
-
DRC Tightens Grip on Mining Export Revenue With 30-Day Audit
15:55
-
Cameroon's Sosucam Boosts Sugar Capacity With $4.5 Million Nkoteng Plant
15:53
-
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
-
Lacs 1 municipality reviews 2025 accounts, posts 9.5 mln CFA franc deficit
05:53
-
Douala Partners Huawei to Advance Digital Transformation Plans
05:46
-
Togo lists 168 licensed architects in latest official registry
05:33
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
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 ...
Cameroon awards five oil blocks to Murphy Oil and Octavia Four of nine blocks unassigned, reflecting cautious investor interest Deals enter...
Lotus Resources announced on Wednesday, April 29, the successful completion of the first phase of a drilling program at its Letlhakane uranium project...
President Félix Tshisekedi ordered the launch, within 30 days, of an audit covering the entire mining revenue chain, from physical shipments to...
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
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....