Assurances Maghrebia Vie: H1 2023 results

Assurances Maghrebia Vie has recorded a 10.2% increase in its turnover to 56 million TND (18.1 million USD) in the first half of 2023, against 50.8 million TND (16.5 million USD) in the same period of 2022.

The company's half-year net result was up by 39.4% to 9.2 million TND (3 million USD), compared with the 6.6 million TND (2.1 million USD) posted on 30 June 2022. The technical result improved by 2.7% to 7.7 million TND (2.5 million USD).

Settled claims and capital due rose by 4.4% to 9.1 million TND (2.9 million USD) as at 30 June 2023.

During the period under consideration, the technical reserves and financial products stood at 495.7 million TND (160.1 million USD) and 20.4 million TND (6.6 million USD) respectively.