COTUNACE: 2022 results

On 31 December 2022, the Compagnie Tunisienne pour l'Assurance du Commerce Extérieur (COTUNACE) recorded a 1.4% decline in turnover, in original currency. The written premiums were down from 14 million TND (4.9 million USD) in 2021 to 13.8 million TND (4.4 million USD) in 2022.

The net profit improved by 14.2% to reach 4.8 million TND (1.5 million USD) at the end of December last year against 4.2 million TND (1.4 million USD) during the same period in 2021.

The underwriting result was up by 32% over a year to stand at 2.8 million TND (891 700 USD).