Tunis Re: 2021 results

Tunis ReTunis Re has recorded a 3% turnover increase in 2021. The amount of acceptances has jumped from 158.266 million TND (58.4 million USD) as at 31 December 2020 to 163.185 million TND (56.6 million USD) one year later.

The incurred losses improved by 58% to reach 77.3 million TND (26.8 million USD) at the end of 2021 against 183.695 million TND (67.8 million USD) in 2020.

As at 31 December 2021, the company's financial income remains almost stable at 23.428 million TND (8.1 million USD).

The annual net result has grown by 37% to reach 16.7 million TND (5.8 million USD) compared to 12.2 million TND (4.5 million USD) in 2020. The Tunisian reinsurer is proposing the distribution of a 0.35 TND (0.12 USD) dividend per share for the year 2021.

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