Tunis Re: results as at 31 March 2022

Tunis Re has recorded a 9% turnover increase in Q1 2022. The amount of premiums has reached 54.553 million TND (18.528 million USD) against 49.97 million TND (17.8 million USD) during the same period in 2021. This growth in turnover is attributable to the rising volume of underwritten business and to the good diversification of the company's portfolio.

As at 31 March 2022, incurred losses stood at 18.508 million TND (6.286 million USD) compared to 17.345 million TND (6.178 million USD) in the first three months of 2021.

The financial products have decreased by 15% to 5.749 million TND (1.95 million USD).