Assurances Maghrebia and Maghrebia Vie : results 2021

Assurances Maghrebia, the non-life subsidiary of the Maghrebia group, recorded an 8.7% turnover increase growing from 187.442 million TND (69.1 million USD) in 2020 to 203.854 million TND (70.7 million USD).

As of 31 December 2021, the net profit reached 22.058 million TND (7.65 million USD), showing an increase of 17.9% compared to 18.71 million TND (6.9 million USD) recorded at the end of 2020.

The non-life company proposed to distribute a dividend of 2.21 TND (0.7 USD) per share for 2021.

Meanwhile, Maghrebia Vie realized 93.16 million TND (32.3 million USD) of written premiums in 2021 compared to 78.5 million TND (28.9 million USD) in 2020, that is, a growth of 18.7%. The net result grew by 37.14% to reach 12.59 million TND (4.4 million USD) at the end of last year.