MAE: Increasing results in 2019

The Ordinary General Assembly of the Mutuelle Assurance de l’Enseignement (MAE) was held on 4 October 2020 in Tunis. For the year 2019, the company recorded a turnover of 121.09 million TND (43.22 million USD), an increase of 12.74% compared to the one recorded on 31 December 2018. The net result for 2019 amounts to 3.504 million TND (1.25 million USD).

The compensation increased by 5.7% to reach 74.834 TND million (26.71 million USD). The technical reserves increased by 3.46% to 304.455 million TND (108.67 million USD).

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