Assurances Maghrebia: 2023 results

Assurances Maghrebia, the non-life subsidiary of the Maghrebia Group, has published its provisional results for the year 2023.

The insurer closed the year with a 12.4% turnover increase. The premiums' volume grew from 223.348 million TND (71.1 million USD) at 31 December 2022 to 251.129 million TND (81.8 million USD) twelve months later.

The net incurred losses rose by 24.9% to 134.914 million TND (43.9 million USD).

The financial income amounted to 27.116 million TND (8.8 million USD) against 24.204 million TND (7.7 million USD) at the end of 2022, that is an increase of 12.03%.