Lloyd Assurances: results 2020

As of 31 December 2020, Lloyd Assurances recorded an increase of 20.03% in written premiums. The latter went from 108.5 million TND (38.72 million USD) in 2019 to 130.24 million TND (48.05 million USD) in 2020. Non-life premiums reached 121.38 million TND (44.78 million USD) against 8.86 million TND (3.26 million USD) for the life activity.

The 2020 net profit settled at 10.682 million TND (3.94 million USD), which represents a growth of 24.8% compared to 8.553 million TND (3.05 million USD) recorded at the end of December 2019.

The net incurred losses went from 34.001 million TND (12.13 million USD) in 2019 to 33.84 million TND (12.48 million USD) a year later, which is 0.4% lower.

At 71.727 million TND (26.46 million USD), the shareholder's equity before allocation of the result of the year improved by 13.5% over one year. The company's share capital remains stable at 45 million TND (16.6 million USD).