Assurances Maghrebia: H1 2021 results

Assurances MaghrebiaAssurances Maghrebia, the non-life subsidiary of the Maghrebia group, has recorded a 9.7% turnover increase in the first half of 2021. The latter went from 106.096 million TND (36.8 million USD) as of 30 June 2020 to 116.389 million TND (41.6 million USD) one year later.

As of 30 June 2021, the incurred losses rose by 26.98% and were set at 51.574 million TND (18.4 million USD) against 40.615 million TND (14.09 million USD) in 2020.

The financial products reached 11.402 million TND (4.08 million USD), that is an improvement of 23.62% over one year. Such a performance is in line with the objectives set by the 2020-2024 business plan.

The company’s turnover is expected to reach 202.5 million TND (72.06 million USD) by the end of 2021 against 187.442 million TND (69.16 million USD) in 2020.

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