BH Assurance [4] recorded a 5.5% increase of its turnover in H1 2020, from 65.3 million TND (22.05 million USD) as at 30 June 2019 to 68.9 million TND (23.9 million USD) a year later. Health insurance grew by 26%, fire by 18%, miscellaneous accident by 13% and motor by 3%. Yet, life insurance declined by 6%.
The net result reached 3.1 million TND (1.07 million USD) against 2.9 million TND (979 380 USD) a year earlier, that is an improvement of 6.8%.
As at 30 June 2020, the life technical result amounted to 4.3 million TND (1.4 million USD) compared to 3.5 million TND (1.18 million USD) at the end of June 2019, an increase of 22.8%. As for the non-life technical result, it rose by 146.5% to reach 1.8 million TND (624 600 USD).
The overall incurred losses grew by 14% from 26.8 million TND (9.05 million USD) at the end of June 2019 to 30.6 million TND (10.6 million USD) 12 months later.