Tunis Re, a 17.2% increase in turnover during the first half of 2019

Tunis Re's financial statements, ending June 30, 2019, reported a 17.2% increase in turnover at 84.474 million TND (28.529 million USD) against 72.077 million TND (27.529 million USD) one year earlier.

All classes of business were on the rise with the exception of technical risks, which decreased by almost 4%. Premiums relating to miscellaneous accident insurance increased by 40.54%, while those of aviation grew by 54.34%. For its part, Takaful activity recorded a 42% evolution in premiums at 9.214 million TND (3.112 million USD) by the end of June 2019.

Gross incurred losses went up by 48% over the same period, from 30.821 million TND (11.772 million USD) to 45.873 million TND (15.492 million USD).

Financial income amounted to 11.345 million TND (3.831 million USD) in the first half of 2019, growing by 6% compared to The 10.706 million TND (4.089 million USD) reported at the same period of 2018.

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