ASTREE: results as at 30 September 2022

ASTREE has recorded a 29.6% turnover increase as at 30 September 2022. The latter jumped from 148.68 million TND (52.87 million USD) at the end of September 2021 to 192.764 million TND (58.35 million USD) one year later.

Non-life premiums have progressed by 6.6% to reach 127.294 million TND (38.53 million USD). The non-life class of business is dominated by motor insurance whose premium income totaled 58.133 million TND (17.6 million USD) during the first nine months of 2022.

During the period under review, life insurance underwriting amounted to 65.47 million TND (19.82 million USD), increasing by 123.5% over one year.

The incurred losses came to 69.334 million TND (21 million USD) against 55.146 million TND (19.6 million USD) as at 30 September 2021.

The investment income stood at 27.558 million TND (8.34 million USD), declining by 0.47% over twelve months.