Tunisian insurance market: turnover increase in 2021

TunisiaThe General Insurance Committee (CGA) has published preliminary data indicating that all Tunisian insurers closed the year 2021 with an 8% turnover increase. The latter rose from 2.572 billion TND (949.01 million USD) as of 31 December 2020, to 2.776 billion TND (963.36 million USD) one year later.

Non-life premiums stood at 2.082 billion TND (722.52 million USD) compared to 693.6 million TND (240.7 million USD) for the life and capitalization class of business.

The non-life activity is dominated by the motor class of business which accounts for 43.5% of the market share, followed by health insurance (14.2%) and fire insurance (5.6%).

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