Tunisian insurance groups: ranking by turnover in 2021
The Tunisian insurance market ended the year 2021 with a 10.2% increase in its turnover to 2.833 billion TND (983.208 million USD).
STAR has maintained its leading position with 368.161 million TND (127.763 million TND) of premiums. COMAR, Maghrebia and GAT groups came in second, third and fourth positions with gross written premiums of 313.935 million TND (108.945 million USD), 294.253 million TND (102.114 million USD) and 255.362 million TND (88.618 million USD) respectively.
The CARTE group came 5th in the ranking with a turnover of 198.094 million TND (68.745 million USD).
Tunisian insurance groups and companies in 2021: turnover, technical result and net result
Figures in thousandsRanking (1) | Groups and companies | Turnover | Technical result | Net result | |||
---|---|---|---|---|---|---|---|
TND | USD | TND | USD | TND | USD | ||
1 | STAR | 368 161 | 127 763 | -3 704 | -1 285 | 21 056 | 7 307 |
2 | Groupe COMAR (2) | 313 935 | 108 945 | 42 059 | 14 596 | 41 542 | 14 416 |
3 | Groupe MAGHREBIA (3) | 294 253 | 102 114 | 37 699 | 13 082 | 34 644 | 12 023 |
4 | Groupe GAT (4) | 255 362 | 88 618 | 28 853 | 10 013 | 26 556 | 9 215 |
5 | Groupe CARTE (5) | 198 094 | 68 745 | 10 212 | 3 544 | 18 674 | 6 481 |
6 | ASTREE | 187 233 | 64 976 | 11 970 | 4 154 | 21 056 | 7 307 |
7 | Assurances BIAT | 171 428 | 59 491 | 19 095 | 6 626 | 16 092 | 5 584 |
8 | MAE | 151 860 | 52 700 | 35 | 12 | 6 267 | 2 175 |
9 | Groupe LLOYD (6) | 150 794 | 52 330 | 7 083 | 2 458 | 6 242 | 2 167 |
10 | BH ASSURANCE | 147 530 | 51 197 | 13 762 | 4 776 | 13 148 | 4 563 |
11 | CTAMA | 144 938 | 50 298 | 3 942 | 1 368 | -4 129 | -1 433 |
12 | AMI | 142 897 | 49 590 | 4 616 | 1 602 | 1 795 | 623 |
13 | Attijari Assurance | 133 090 | 46 186 | 16 042 | 5 567 | 11 270 | 3 911 |
14 | Zitouna Takaful | 81 250 | 28 196 | 3 012 | 1 045 | 5 571 | 1 933 |
15 | El Amana Takaful | 43 628 | 15 140 | 1 233 | 428 | 2 311 | 802 |
16 | Attakafulia | 34 787 | 12 072 | 211 | 73 | 1 959 | 680 |
17 | Cotunace | 13 967 | 4 847 | 2 143 | 744 | 4 208 | 1 460 |
18 | Assurances UIB (7) | - | - | - | - | - | - |
Grand total | 2 833 207 | 983 208 | 198 263 | 68 803 | 228 262 | 79 214 |
(1) Ranking by turnover
(2) COMAR Assurances + Assurances Hayett
(3) Assurances MAGHREBIA + MAGHREBIA Vie
(4) GAT Assurances + GAT Vie
(5) CARTE Assurances + CARTE Vie
(6) LLOYD Assurances + LLOYD Vie
(7) New company specialized in life insurance and capitalization that has not yet started its activities in 2021
Tunisian insurance groups and companies in 2021: share capital, shareholders' equity, number of employees and insurance agents
Figures in thousandsRanking (1) | Groups and companies | Shareholders’ equity | Share capital | Number of employees | Number of insurance agents | ||
---|---|---|---|---|---|---|---|
TND | USD | TND | USD | ||||
1 | STAR | 358 587 | 124 440 | 23 077 | 8 008 | 560 | 170 |
2 | Groupe COMAR (2) | 267 194 | 92 724 | 65 000 | 22 557 | 411 | 126 |
3 | Groupe CARTE (3) | 181 725 | 63 065 | 40 000 | 13 882 | 209 | 47 |
4 | Groupe Maghrebia (4) | 150 520 | 52 235 | 65 000 | 22 557 | 251 | 87 |
5 | ASTREE | 136 537 | 47 382 | 30 000 | 10 411 | 190 | 72 |
6 | Groupe GAT (5) | 106 461 | 36 945 | 52 000 | 18 045 | 247 | 107 |
7 | MAE | 105 090 | 36 469 | 16 671 | 5 785 | 499 | 43 |
8 | Groupe LLOYD (6) | 86 755 | 30 106 | 51 000 | 17 698 | 281 | 80 |
9 | AMI | 68 691 | 23 838 | 87 392 | 30 328 | 283 | 118 |
10 | BH ASSURANCE | 67 568 | 23 448 | 13 300 | 4 616 | 90 | 33 |
11 | Assurances BIAT | 52 164 | 18 103 | 22 000 | 7 635 | 185 | 12 |
12 | Cotunace | 49 310 | 17 112 | 26 500 | 9 196 | 61 | - |
13 | Zitouna Takaful | 35 599 | 12 354 | 25 000 | 8 676 | 124 | 50 |
14 | Attijari Assurance | 33 164 | 11 509 | 10 000 | 3 470 | 28 | - |
15 | El Amana Takaful | 16 251 | 5 640 | 14 102 | 4 894 | 72 | 52 |
16 | Assurances UIB (7) | 14 616 | 5 072 | 15 000 | 5 206 | - | - |
17 | Attakafulia | 10 613 | 3 683 | 10 000 | 3 470 | 57 | 43 |
18 | CTAMA | -30 096 | -10 444 | 27 802 | 9 648 | 386 | 59 |
Grand total | 1 710 749 | 593 681 | 593 844 | 206 082 | 3 934 | 1 099 |
(1) Ranking based on shareholders’ equity
(2) COMAR Assurances + Assurances Hayett
(3) Assurances MAGHREBIA + MAGHREBIA Vie
(4) GAT Assurances + GAT Vie
(5) CARTE Assurances + CARTE Vie
(6) LLOYD Assurances + LLOYD Vie
(7) New company specialized in life insurance and capitalization that has not yet started its activities in 2021
Exchage rate as at 31/12/2021 : TND = 0.34703 USD