AMI Assurances back to profits in 2020

As at 31 December 2020, AMI Assurances has posted a 2.1% increase in its turnover. Written premiums have increased from 141.182 million TND (50.39 million USD) in 2019 to 144.161 million TND (53.19 million USD) in 2020.

Non-life premiums have reached 141.189 million TND (52.09 million USD) against 2.972 million TND (1.09 million USD) for the life class of business.

After four loss-making years, the Tunisian insurer is back to profits at the end of 2020. The past year's net result stood at 624.641 million TND (230.478 million USD) compared to a net loss of 29.944 million TND (10.68 million USD) in 2019.

In 2020, the company increased its share capital from 23.135 million TND (8.53 million USD) to 40.983 million TND (15.12 million USD).

In 2021, the company's share capital amounts to 87 million TND (30.8 million USD).