Tunis Re: turnover increase in Q1 2023

Tunis Re has recorded a 14% increase in its turnover in the quarter half of 2023 to 61.978 million TND (20.1 million USD). The Tunisian reinsurer has thus achieved 32% of its turnover target for the year 2023.

The incurred losses went up by 116% from 18.805 million TND (6.4 million USD) as at 31 March 2022 to 36.423 million TND (11.8 million USD) a year later.

During the period under consideration, the financial products reached 6.429 million TND (2.1 million USD), rising by 12% compared to the first three months of 2022.