Lloyd Assurances : 2021 results

Lloyd AssurancesAs of 31 December 2021, Lloyd Assurances has recorded a 10.9% turnover increase set at 144.388 million TND (50.1 million USD). Non-life premiums amounted to 138.745 million TND (48.1 million USD) as against 5.643 million TND (2 million USD) for the life activity. This growth was achieved thanks to the realization of several important deals and the improvement of the motor class of business.

The net profit decreased from 10.682 million TND (3.9 million USD) in 2020 to 6.47 million USD (2.2 million USD) in 2021, dropping by 40% over one year. During the period under review, the net incurred losses reached 39.354 million TND (13.6 million USD), thus rising by 16.3% compared to 2020.

With 88.88 million TND (30.8 million USD), the company's equity capital improved by 7.6%.

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