AMI Assurances: turnover increase in Q1 2022

As of 31 March 2022, AMI Assurances recorded a turnover of 39.3 million TND (13.34 million USD), which is a growth of 5% compared to 37.4 million TND (13.32 million USD) recorded during the same period in 2021.

Non-life premiums amounted to 36 million TND (12.2 million USD) in Q1 2022 compared to 36.2 million TND (12.8 million USD) one year earlier, thus decreasing by 0.5%.

The life activity, on the other hand, posted a significant premium growth of 175%, going from 1.2 million TND (427 450 USD) as of 31 March 2021 to 3.3 million TND (1.1 million USD) one year later.

The settled claims reached 23.3 million TND (7.9 million USD), growing by 18.2%. Such increase is mainly due to the rise in settlements in the motor class of business.

During the period under review, the financial income totaled 6.4 million TND (2.1 million USD).