ASTREE: 2022 turnover increase

Astree The insurance and reinsurance company ASTREE has published its activity indicators for the year 2022.

As at 31 December 2022, the turnover reached 238.338 million TND (75.905 million USD), increasing by 27.9% over a year.

The incurred losses went up by 12.6% to stand at 125.349 million TND (39.92 million USD) at the end of the past year.

The investment income of 42.454 million TND (13.521 million USD) showed a 1.1% growth compared to the same period in 2021.

ASTREE: turnover distribution by class of business

Figures in millions

Classes of business	2022 Turnover		2021 Turnover		2022-2021 Evolution*
Classes of business	TND	USD	TND	USD	2022-2021 Evolution*
Motor	75.237	23.961	68.162	23.654	10.40%
Fire and comprehensive	18.864	6.008	17.875	6.203	5.50%
Transport	10.927	3.48	11.11	3.856	-1.60%
Others	47.247	15.047	46.348	16.084	1.90%
Total non-life	152.275	48.496	143.495	49.797	6.10%
Total life	86.063	27.409	42.85	14.87	100.80%
Grand total	238.338	75.905	186.345	64.667	27.90%

*Evolution in local currency
Exchange rate as at 31 December 2022: 1 TND = 0.31847 USD ; as at 31 december 2021: 1 TND = 0.34703 USD

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Fri, 03/02/2023 - 11:18

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