GAT Assurances, 2016 results

GAT Assurances has published its financial statements for the 31 December 2016 period.

The Tunisian insurer posted 10.2 million TND (4.4 million USD) in net profits, a 10% increase in comparison with the 9.3 million TND (4.6 million USD) reported in 2015.

The turnover amounted to 137.7 million TND (60 million USD), a 3% increase in comparison with the previous year. The volume of non life insurance underwritings amounted to 135.4 million TND (59 million USD) versus 2.3 million TND (1 million USD) for the life class of business.

Shareholder’s equity, for their part, amounted to 76 million TND (33.1 million USD) versus 68 million TND (33.6 million USD) a year earlier.

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