ASTREE: turnover increase in the first half of 2022

ASTREE has recorded a 31.5% increase in its turnover in H1 2022, which went from 117.609 million TND (6.3 million USD) as at 30 June 2021 to 154.687 million TND (50.25 million USD) a year later.

Non-life premiums have progressed by 4.7% to reach 97.786 million TND (31.8 million USD). For its part, the life activity has shown a 134.7% increase in written premiums amounting to 56.901 million TND (18.5 million USD).

This significant growth is mainly driven by the signing of a major life-capitalization contract. As at 30 June 2022, the incurred losses stood at 45.647 million TND (14.8 million USD) compared to 36.866 million TND (13.2 million USD) in H1 2021.

The investment income remains almost stable at 19.7 million TND (6.4 million USD).