English
Français
The Insurance General Committee (CGA) has published the Tunisian market's key business indicators for the first half of the year.
As at 30 June 2024, turnover (net premiums) of all direct insurance companies reached 2.03 billion TND (643.8 million USD) against 1.848 billion TND (596.7 million USD) during the same period in 2023, marking a 9.8% increase.
Non-life premiums were up by 7.9% to 1.497 billion TND (474.8 million USD), representing a market share of 73.7%.
The life and capitalization business accounted for 533 million TND (169 million USD) of half-yearly premiums. This activity accounts for 26.3% of the overall portfolio.
Reinsurer Tunis Re closed the first half of the current year with a 12.5% turnover growth to 118.6 million TND (37.6 million USD).
During the reporting period, indemnities paid by direct insurers amounted to 900.7 million TND (285.7 million USD), up 3.8% on the 867.9 million TND (280.2 million USD) paid a year earlier.
Read also | Listed Tunisian insurers: H1 2024 turnover
