STAR: provisional results 2022
The Société Tunisienne d’Assurances et de Réassurances (STAR) has published its provisional activity indicators for the year 2022.
As of 31 December, the volume of net written premiums reached 384.336 million TND (122.401 million USD), up 4.1% in one year.
Non-life insurance reported a 3.8% increase in written premiums to 345.786 million TND (110.124 million USD). Life premiums amounted to 38.55 million TND (12.277 million USD), up 6.3% compared to 2021.
Settled claims rose by 5.8% to 267.829 million TND (85.297 million USD).
Financial income amounted to 92.903 million TND (29.587 million USD) against 91.145 million TND (31.63 million USD) by the end of 2021, that is a positive variation of 1.9%.
Breakdown of written premiums per class of business:
Figures in millionsClasses of business | 2022 premiums | 2021 premiums | 2021-2022 evolution * | ||
---|---|---|---|---|---|
TND | USD | TND | USD | ||
Motor | 196.87 | 62.698 | 198.018 | 68.718 | -0.6% |
Miscellaneous accident | 34.704 | 11.052 | 29.914 | 10.381 | 16% |
Marine | 16.214 | 5.164 | 16.892 | 5.862 | -4% |
Others | 97.998 | 31.21 | 88.19 | 30.605 | 11.1% |
Total Non life | 345.786 | 110.124 | 333.014 | 115.566 | 3.8% |
Life | 38.55 | 12.277 | 36.259 | 12.583 | 6.3% |
Grand total | 384.336 | 122.401 | 369.273 | 128.149 | 4.1% |
* Evolution in local currency (TND)
Exchange rate as at 31/12/2022 1 TND = 0.31847 USD ; 1 TND = 0.34703 USD
Read also | Tunisian insurance companies