Tunis Re
DATE OF CREATION: 25 March 1981, Tunisia | |
CLASSES OF BUSINESS: Life and non life | |
MAIN UNDERWRITING ZONES: Africa, Middle East and Asia |
Tunis Re: contact
Adress: N° 12 - Avenue du Japon - Montplaisir B.P. 29 - 1073 - Tunis - Tunisia |
Tel: +216 71 904 911 |
Fax: +216 71 904 930 |
Email: tunisre [at] tunisre [dot] com [dot] tn |
Website: www.tunisre.com.tn |
Tunis Re: rating
Agency | Rating | Outlook |
A.M. Best | B | Stable |
Fitch Ratings | AA (tun) | Stable |
Tunis Re: main indicators
in thousands USD2019 | 2020 | 2021 | |
Turnover | 59 946 | 58 516 | 56 630 |
Shareholder’s equity | 74 129 | 78 390 | 77 706 |
Net result | 4 309 | 4 523 | 5 804 |
Read also | Tunis Re: turnover increase in 2022
Tunis Re: turnover 2021 by class of business
in thousands USDPremiums | In % | |
Fire | 22 198 | 39.20% |
Marine (1) | 11 942 | 21.09% |
Miscellaneous accident | 10 446 | 18.44% |
Technical risks | 7 985 | 14.10% |
Total non life | 52 571 | 92.83% |
Life | 4 059 | 7.17% |
Grand total | 56 630 | 100% |
(1) Including aviation
Tunis Re: capital and shareholding
Shareholders | In % | |
Insurance companies | 52.8% | |
Banks | 25% | |
Tunisian State | 5.3% | |
Others | 16.9% |
Tunis Re: technical ratios
2020 | 2021 | |
Net loss ratio | 59.4 | 59.6% |
Management expenses ratio | 37.5% | 32.9% |
Net combined ratio | 96.9% | 92.5% |
Read also | Tunis Re: H1 2023 results
Tunis Re: management
Slah Kanoun | Chairman of the board |
Lamia Ben Mahmoud | General manager |
Mustapha Kotrane | Chief production division |
Mourad el Aroui | Facultative acceptances manager |
Nadhim Cherif | Takaful manager |
Monia Ben Said | Treaties acceptances manager Tunisie |
Ridha Herteli | Retrocession manager |
Exchange rate as at 31/12/2020: 1 TND = 0.36898 USD ; as 31/12/2021: 1 TND = 0.34703 USD
Source: Tunis Re
Read also | Tunisian insurance companies
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