STAR: increase in quarterly turnover 2022

As of 31 March 2022, the Société Tunisienne d’Assurances et de Réassurances (STAR) has recorded a 5.1% increase in its quarterly turnover set at 126.277 million TND (42.89 million USD).

Non-life premiums amounted to 115.808 million TND (39.34 million USD) as against 10.469 million TND (3.55 million USD) for the life activity.

During Q1 2022, the settled claims increased by 17.6% set at 72.055 million TND (24.47 million USD) compared to 61.273 million TND (21.82 million USD) by late Q1 2021.

Financial income increased from 18.622 million TND (6.63 million USD) at the end of March 2021 to 20.027 million TND (6.8 million USD) in late March 2022, which represents an increase of 7.5%.