Tunisian insurance market in Q1 2023

The General Insurance Committee (CGA) has published the Tunisian insurance market's main activity indicators as at 31 March 2023. On this date, all direct insurers have recorded an overall turnover of 1.075 billion TND (347.8 million USD), representing a 7.5% increase over one year.

For its part, the reinsurer Tunis Re posted written premiums totaling 62 million TND (20.1 million USD) at the end of the first quarter of 2023, bringing the market's overall turnover to 1.137 billion TND (367.9 million USD).

During the period under consideration, claims settled by direct insurance companies were up by 3.8% to 394.1 million TND (127.5 million USD).