Assurances Maghrebia: Q1 2024 results

The Maghrebia Group's non-life subsidiary, Assurances Maghrebia, has published its key business indicators for the first quarter of 2024.

The company's turnover as at 31 March 2024 amounted to 97.829 million TND (31.3 million USD), up by 8% over one year.

The incurred losses increased by 19.2% to 40.093 million TND (12.8 million USD).

During the reporting period, the investment income stood at 5.794 million TND (1.9 million USD), representing a 32.1% growth compared to the end of March 2022.