Tunis Re announces Q1 2019 Business Results

Tunis ReTunis Re has published its quarterly results of March 31st, 2019.

During that period the turnover has reached 56.687 million TND (18.192 million USD) increasing by 24% compared to 45.637 million TND (18.846 million USD) recorded during the same period in 2018.

The Takaful growth rate is the most advantageous as it reached 78.5% recording 5.701 million TND (1.829 million USD). The gross incurred losses are increasing by 56% growing from 6.012 million TND (2.482 million USD) during Q1 2018 to 9.408 million TND (3.019 million USD) during Q1 2019.

The financial products rose by 24% to reach 5.663 million TND (1.817 million USD) by the end of March 2019, against 4.569 million TND (1.886 million USD).

Read also | Tunis Re, results 2018

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