Lloyd Assurances: 2019 results

Lloyd Assurances has recorded a turnover of 108.5 million TND (38.727 million USD) in 2019, a 16.2% growth compared to 93.3 million TND (30.997 million USD) reported a year earlier. Non-life premiums have reached 97.3 million TND (34.73 million USD) against 11.2 million TND (3.997 million USD) for life insurance.

The net result of 2019 has shown a slight increase of 1.1% as it went from 8.45 million TND (2.807 million USD) as at 31 December 2018 to 8.55 million TND (3.051 million USD) a year later. The incurred losses declined by 1.9% and stood at 61.845 million TND (22.074 million USD).

The Shareholder's equity amounted to 63.1 million TND (22.522 million USD), thus improving by 26.9% compared to 2018. The company's share capital remains unchanged at 45 million TND (16.062 million USD).

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