Tunis Re: sustained growth in 2016

The Board of Directors of the Tunisian reinsurance company "Tunis Re", which met on 27 April 2017, approved the 2016 figures.
Here are the main indicators for the past financial year:

• A 13% growth in turnover at 113.4 million TND (49.5 million USD);
• Improvement of the technical result net of retrocession by 2.3% from 13.990 million TND (6.919 million USD) in 2015 to 14.310 million TND (6.245 million USD) in 2016;
• A 10% rise of the final result at 15.05 million TND (6.941 million USD)
• Increase in investment income by 25%
• Consolidation of the technical provisions by 11%
• Improvement of the combined ratio by 1.1 points: 90.5% in 2016 compared to 91.6% in 2015;

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