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 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 Trabelsi | Chairman of the board of directors |
Dalila Bader | General manager |
Sami Banaouas | Manager, technical division |
Abderraouf Amiri | Manager, support division |
Lotfi M’Sahli | Top manager, finance and accounting |
Sahbi Kacem | Top manager, corporate insurance |
Maher Ladhari | Top manager, life insurance |
Heithem Boussoffara | Top manager, transformation and strategic projects |
Nesrine Chouchene | Top manager, control and steering |
Shareholding (30/09/2021)
Shareholders | Shares |
BH Bank | 23.89% |
BH Group | 18.83% |
Private directors | 14.99% |
Legal entities | 41.10% |
Natural persons | 1.19% |
BH Assurance: main technical highlights (2016-2020)
Figures in USDIndicators | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
Gross written premiums | 31 402 102 | 36 377 680 | 33 917 281 | 41 657 560 | 47 077 959 |
Gross non life written premiums | 19 198 556 | 20 452 449 | 20 424 475 | 26 516 011 | 30 712 652 |
Gross life written premiums | 12 203 546 | 15 925 231 | 13 492 806 | 15 141 549 | 16 365 307 |
Net written premiums | 21 031 916 | 24 999 255 | 23 933 955 | 30 271 682 | 34 307 484 |
Gross earned premiums | 30 418 978 | 35 934 360 | 33 331 488 | 41 438 828 | 46 192 115 |
Gross non life earned premiums | 18 215 432 | 20 009 129 | 19 838 683 | 26 297 279 | 29 826 808 |
Net earned premiums | 28 669 023 | 33 773 985 | 31 971 241 | 41 241 559 | 44 757 017 |
Gross incurred losses | 16 404 807 | 20 863 512 | 18 091 160 | 19 401 981 | 22 679 983 |
Gross non life incurred losses | 13 146 535 | 13 779 695 | 12 853 381 | 15 834 094 | 18 751 676 |
Net loss ratio | 14 033 149 | 17 312 951 | 15 842 868 | 16 983 359 | 19 093 835 |
Non life management expenses ratio | 4 860 897 | 5 605 000 | 5 623 248 | 7 225 804 | 8 757 828 |
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 | 3 067 658 | 3 190 286 | 3 064 957 | 4 492 884 | 4 945 672 |
Financial income | 3 238 125 | 3 635 161 | 4 342 252 | 5 102 505 | 5 667 953 |
Net result (after tax) | 2 195 353 | 2 478 877 | 2 538 610 | 3 393 489 | 3 565 184 |
(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
Read also | BH Assurance: 2021 results
BH Assurance: turnover breakdown per class of business (2016-2020)
Figures in USDClass of business | 2016 | 2017 | 2018 | 2019 | 2020 | 2020 shares |
---|---|---|---|---|---|---|
Health | 6 871 365 | 6 607 924 | 7 573 514 | 11 604 353 | 14 352 848 | 30.49% |
Motor | 7 499 997 | 8 404 767 | 7 599 384 | 8 666 174 | 9 822 816 | 20.86% |
Fire | 1 909 398 | 2 270 198 | 2 448 565 | 3 257 810 | 3 270 968 | 6.95% |
Marine | 981 462 | 1 052 462 | 1 006 243 | 1 205 193 | 1 304 432 | 2.77% |
Engineering | 1 302 094 | 1 254 242 | 946 859 | 1 096 420 | 1 205 183 | 2.56% |
Miscellaneous accident | 634 240 | 862 856 | 849 910 | 686 061 | 756 405 | 1.61% |
Total non life | 19 198 556 | 20 452 449 | 20 424 475 | 26 516 011 | 30 712 652 | 65.24% |
Total life | 12 203 546 | 15 925 231 | 13 492 806 | 15 141 549 | 16 365 307 | 34.76% |
Grand total | 31 402 102 | 36 377 680 | 33 917 281 | 41 657 560 | 47 077 959 | 100% |
BH Assurance: gross written premiums per non life insurance (2016-2020)
Figures in USDClasses of business | 2016 | 2017 | 2018 | 2019 | 2020 | 2019-2020 evolution (1) |
---|---|---|---|---|---|---|
Health | 6 885 596 | 6 782 831 | 7 547 293 | 11 625 477 | 14 342 095 | 19.34% |
Motor | 6 907 833 | 8 318 305 | 7 352 871 | 8 481 402 | 9 070 232 | 3.45% |
Fire | 1 842 148 | 2 096 629 | 2 202 885 | 3 246 123 | 3 220 101 | -4.04% |
Marine | 1 104 668 | 1 010 917 | 1 005 812 | 1 187 403 | 1 290 091 | 5.10% |
Engineering | 837 387 | 945 600 | 916 344 | 1 041 902 | 1 156 711 | 7.40% |
Miscellaneous accident | 637 800 | 854 847 | 813 478 | 714 972 | 747 578 | 1.15% |
Total non life | 18 215 432 | 20 009 129 | 19 838 683 | 26 297 279 | 29 826 808 | 9.72% |
(1) Evolution in local currency
BH Assurance: Gross incurred losses per non life insurance (2016-2020)
Figures in USDClasses of business | 2016 | 2017 | 2018 | 2019 | 2020 | 2019-2020 evolution (1) |
---|---|---|---|---|---|---|
Health | 7 185 852 | 6 212 980 | 6 057 564 | 8 819 938 | 11 569 738 | 26.90% |
Motor | 5 029 699 | 6 236 352 | 5 474 385 | 6 018 846 | 4 741 583 | -23.79% |
Fire | 509 596 | 736 445 | 749 343 | 475 227 | 2 102 323 | 327.95% |
Marine | 275 299 | 190 100 | 188 538 | 262 833 | 17 711 | -93.48% |
Engineering | -13 557 | 251 567 | 200 759 | 247 110 | 400 040 | 56.60% |
Miscellaneous accident | 159 646 | 152 251 | 182 792 | 10 140 | -79 719 | -860.50% |
Total non life | 13 146 535 | 13 779 695 | 12 853 381 | 15 834 094 | 18 751 676 | 14.56% |
(1) Evolution in local currency
BH Assurance: gross loss ratio per non life insurance (2016-2020)
Classes of business | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
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 life | 72.17% | 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 : Contact
Siège social | Lotissement AFH BC5 Centre Urbain Nord- 1003-Tunis- Tunisie |
Tél | 00 216 71 184 200 |
Fax | 00 216 71 184 284 |
commercial [at] bh-assurance [dot] com | |
Site web |
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