Tunis Re: results at end-March 2025

Tunis Re posted a turnover of 76.433 million TND (24.6 million USD) at end-March 2025, up by 8.4% compared with the same period in 2024.

Premium volume is broken down as follows:

• Non-life: 68.314 million TND (21.9 million USD)
• Life: 2.555 million TND (820 000 USD)
• Retakaful: 5.564 million TND (1.8 million USD)

Incurred losses declined by 10% year-on-year to 23.788 million TND (7.6 million USD).

Financial income dropped by 2.8% to 7.513 million TND (2.4 million USD) in the first quarter of 2025. This was partly due to tighter investment conditions for fixed-income products.