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Fitch Ratings affirms the rating of Tunis Re

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Magazine Issue: 
Insurers up against cyber risks [3]
Magazine date: 
Jun 2021

Tunis ReFitch Ratings [4] has confirmed the "AA (tun)" financial strength rating of the Tunisian Reinsurance Company (Tunis Re). The outlook remains stable.

The rating reflects the company's leading position in the Tunisian market and its strategic role in the national economy.

According to the rating agency, the reinsurer's profits for the period 2016-2020 are solid. The average combined ratio over 5 years is slightly below 100% and the return on equity (ROE) is 7%.

Lire aussi | Tunis Re: net technical result on the rise as at 31 December 2020 [5]

Thu, 10/06/2021 - 15:22

Source URL: https://www.atlas-mag.net/en/article/fitch-ratings-confirms-the-rating-of-tunis-re

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-june-2021
[4] https://www.atlas-mag.net/en/article/fitch-ratings-scale
[5] https://www.atlas-mag.net/en/article/tunis-re-net-technical-result-on-the-rise-as-at-31-december-2020