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MAE: Increasing results in 2019

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Magazine Issue: 
Covid-19, insurers back to worrying times [3]
Magazine date: 
Oct 2020

MAEThe Ordinary General Assembly of the Mutuelle Assurance de l’Enseignement (MAE) was held on 4 October 2020 in Tunis. For the year 2019, the company recorded a turnover of 121.09 million TND (43.22 million USD), an increase of 12.74% compared to the one recorded on 31 December 2018. The net result for 2019 amounts to 3.504 million TND (1.25 million USD).

The compensation increased by 5.7% to reach 74.834 TND million (26.71 million USD). The technical reserves increased by 3.46% to 304.455 million TND (108.67 million USD).

Read also | Tunisian insurance market modernization [4]

Thu, 08/10/2020 - 10:06

Source URL: https://www.atlas-mag.net/en/article/mae-increasing-results-in-2019

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[4] https://www.atlas-mag.net/en/article/tunisian-insurance-market-modernization