BH Assurance

BH Assurance
  • Date of creation: 1995 in Tunis, Tunisia
  • Class of business: Life and non life
  • Staff members: 92 employees
  • Geographical presence: Presence in 12 cities countrywide

BH Assurance in 2020

Ahmed Trabelsi
Dalila Bader
Ahmed Trabelsi
Chairman of the board of directors
Dalila Bader
General manager
Share capital
4 907 434 USD
Turnover
47 077 959 USD
Assets
128 673 288 USD
Shareholder’s equity
25 913 096 USD
Net result
3 565 184 USD
Gross non life loss ratio
62.87%
Non life management expenses ratio
28.52%
Gross non life combined ratio
91.39%

Management

Ahmed TrabelsiChairman of the board of directors
Dalila BaderGeneral manager
Sami BanaouasManager, technical division
Abderraouf AmiriManager, support division
Lotfi M’SahliTop manager, finance and accounting
Sahbi KacemTop manager, corporate insurance
Maher LadhariTop manager, life insurance
Heithem BoussoffaraTop manager, transformation and strategic projects
Nesrine ChoucheneTop manager, control and steering

Shareholding (30/09/2021)

ShareholdersShares
BH Bank23.89%
BH Group18.83%
Private directors14.99%
Legal entities41.10%
Natural persons1.19%

BH Assurance: main technical highlights (2016-2020)

Figures in USD
Indicators20162017201820192020
Gross written premiums
31 402 10236 377 68033 917 28141 657 56047 077 959
Gross non life written premiums
19 198 55620 452 44920 424 47526 516 01130 712 652
Gross life written premiums
12 203 54615 925 23113 492 80615 141 54916 365 307
Net written premiums
21 031 91624 999 25523 933 95530 271 68234 307 484
Gross earned premiums
30 418 97835 934 36033 331 48841 438 82846 192 115
Gross non life earned premiums
18 215 43220 009 12919 838 68326 297 27929 826 808
Net earned premiums
28 669 02333 773 98531 971 24141 241 55944 757 017
Gross incurred losses
16 404 80720 863 51218 091 16019 401 98122 679 983
Gross non life incurred losses
13 146 53513 779 69512 853 38115 834 09418 751 676
Net loss ratio
14 033 14917 312 95115 842 86816 983 35919 093 835
Non life management expenses ratio
4 860 8975 605 0005 623 2487 225 8048 757 828
Gross non life loss ratio (1)
72.17%68.87%64.79%60.21%62.87%
Non life management expenses ratio (2)
25.32%27.41%27.53%27.25%28.52%
Gross non life combined ratio (3)
97.49%96.28%92.32%87.46%91.39%
Technical result
3 067 6583 190 2863 064 9574 492 8844 945 672
Financial income
3 238 1253 635 1614 342 2525 102 5055 667 953
Net result (after tax)
2 195 3532 478 8772 538 6103 393 4893 565 184

(1) Gross non-life loss ratio = Gross non-life incurred losses / Gross non-life earned premiums
(2) Non-life management expenses ratio = Non life management expenses / Gross non life written premiums
(3) Gross non-life combined ratio = Gross non-life loss ratio + Gross non-life management expenses rati

BH Assurance: turnover breakdown per class of business (2016-2020)

Figures in USD
Class of business201620172018201920202020 shares
Health
6 871 3656 607 9247 573 51411 604 35314 352 84830.49%
Motor
7 499 9978 404 7677 599 3848 666 1749 822 81620.86%
Fire
1 909 3982 270 1982 448 5653 257 8103 270 9686.95%
Marine
981 4621 052 4621 006 2431 205 1931 304 4322.77%
Engineering
1 302 0941 254 242946 8591 096 4201 205 1832.56%
Miscellaneous accident
634 240862 856849 910686 061756 4051.61%
Total non life19 198 55620 452 44920 424 47526 516 01130 712 65265.24%
Total life12 203 54615 925 23113 492 80615 141 54916 365 30734.76%
Grand total31 402 10236 377 68033 917 28141 657 56047 077 959100%

bh assurance turnover

BH Assurance: gross written premiums per non life insurance (2016-2020)

Figures in USD
Classes of business201620172018201920202019-2020 evolution (1)
Health
6 885 5966 782 8317 547 29311 625 47714 342 09519.34%
Motor
6 907 8338 318 3057 352 8718 481 4029 070 2323.45%
Fire
1 842 1482 096 6292 202 8853 246 1233 220 101-4.04%
Marine
1 104 6681 010 9171 005 8121 187 4031 290 0915.10%
Engineering
837 387945 600916 3441 041 9021 156 7117.40%
Miscellaneous accident
637 800854 847813 478714 972747 5781.15%
Total non life18 215 43220 009 12919 838 68326 297 27929 826 8089.72%

(1) Evolution in local currency

BH Assurance: Gross incurred losses per non life insurance (2016-2020)

Figures in USD
Classes of business201620172018201920202019-2020 evolution (1)
Health
7 185 8526 212 9806 057 5648 819 93811 569 73826.90%
Motor
5 029 6996 236 3525 474 3856 018 8464 741 583-23.79%
Fire
509 596736 445749 343475 2272 102 323327.95%
Marine
275 299190 100188 538262 83317 711-93.48%
Engineering
-13 557251 567200 759247 110400 04056.60%
Miscellaneous accident
159 646152 251182 79210 140-79 719-860.50%
Total non life13 146 53513 779 69512 853 38115 834 09418 751 67614.56%

(1) Evolution in local currency

BH Assurance: gross loss ratio per non life insurance (2016-2020)

Classes of business20162017201820192020
Health
104.36%91.60%80.26%75.87%80.67%
Motor
72.81%74.97%74.45%70.97%52.28%
Fire
27.66%35.13%34.02%14.64%65.29%
Marine
24.92%18.80%18.74%22.14%1.37%
Engineering
-1.62%26.60%21.91%23.72%34.58%
Miscellaneous accident
25.03%17.81%22.47%1.42%-10.66%
Total non life72.17%68.87%64.79%60.21%62.87%

Exchange rate as at 31/12/2020 : 1 TND = 0.36898 USD ; 31/12/2019 : 1 TND = 0,35694 USD; as at 31/12/2018 : 1 TND = 0.33224 USD; as at 31/12/2017 : 1 TND = 0.40329 USD ; as at 31/12/2016 : 1 TND = 0.42854 USD

BH Assurance

BH Assurance : Contact

Siège social
Lotissement AFH BC5 Centre Urbain Nord- 1003-Tunis- Tunisie
Tél
00 216 71 184 200
Fax
00 216 71 184 284
E-mail
commercial [at] bh-assurance [dot] com
Site web
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