Magazine date:
Dec 2013 According to the latest report from the Association of Insurance and Reinsurance Companies (TSB), the insurance industry has generated a total turnover of 11.64 billion USD in 2012, that is an increase of 22.14 % compared to 2011.
The net profit in 2012, however, recorded a deficit of 68.3 million USD compared to 95.4 million USD recorded in 2011.