Boom period for Tunis Re

After obtaining the MSI 20000 certification, Tunis Re continues its successful march by displaying good figures for the third quarter of 2010. The collection of premiums was up by 49% over the second half of the current year and by14% in comparison with the same period of 2009. The increase in turnover was of 36% on the Tunisian market and of 80% for international acceptances. The financial products reached 3.16 million TND (2.24 million USD) by September 30, 2010 (+12%). The incurred losses of 47.1 million TND (33.4 million USD) are almost stable since 2009. The company holds 22% of the local market share. The MENA region accounts for 32% of the portfolio.