Assurances BIAT: Results 2018

Assurances BIAT has published its 2018 results. The net result amounted to 8.77 million TND (2.91 million USD), an increase of 113.38% compared to 4.11 million TND (1.66 million USD) achieved in 2017.

The gross earned premiums accounted for 124.02 million TND (41.2 million USD). Both life and non-life technical results were sharply improving. At 31 December 2018. They were set at 9.43 million TND (3.13 million USD) versus 6.54 million TND (2.64 million USD) in 2017, a growth of 44.19%. Financial products also rose from 6.66 million TND (2.69 million USD) in 2017 to11.11 million TND (3.69 million USD) by the end of 2018.

Likewise, the shareholders 'equity before appropriation of profit increased to 45.39 million TND (15.08 million USD) against 38.950 million TND (15.71 million USD) by the end of 2017.