Assurances Maghrebia: 2020 results

Assurances Maghrebia has recorded a 9.76% increase in turnover in 2020. It went from 170.769 million TND (60.95 million USD) on 31 December 2019 to 187.442 million TND (69.16 million USD) a year later.

The net incurred losses declined by 1.05% to 90.969 million TND (33.5 million USD). This improvement is mainly due to the decrease in the motor claims rate during the lockdown period.

Financial products reached 18.863 million TND (6.96 million USD) during the period under review, which represents an increase of 16.37% compared to the end of 2019.

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