Tunis Re, 2013 and quarterly results

Tunis Re ends the first quarter of 2014 with net premiums up by 12% to 14.218 million TND (8.8 million USD), against 12.678 million TND (7.8 million USD) a year earlier.

The reinsurer has released an underwriting profit of 3.126 million TND (1.9 million USD), making 26% of its forecast for 2014.

For 2013, Tunis Re has achieved a turnover of 85.878 million TND (52.1 million USD), 11.5% better than in 2012.

The share of foreign markets in the turnover rose by 3.3 points to 36.3% the Arab countries and Africa grabbing respectively 44% and 21% of international affairs.