In 2020, GAT Assurances group recorded an 8.4% increase in turnover which was set at 252.325 million TND (93.1 million USD) compared to 232.665 million TND (83.04 million USD) in 2019.
The net profit stood at 16.338 million TND (6.02 million USD) against 14.007 million TND (4.99 million USD) in 2019, that is a 16.64% growth.
GAT Assurances, a non-life company, accounts for 73.6% of the turnover set at 185.727 million TND (68.5 million USD) with a net result of 14.375 million TND (5.3 million USD).
With 26.4% of the total underwritings, GAT Vie's written and accepted premiums rose from 64.393 million TND (22.98 million USD) as of 31 December 2019 to 66.598 million TND (24.5 million USD) one year later.
The net profit of the life activity reached 2.149 million TND (792 930 USD) by late 2020. As of 31 December 2020, the group's shareholder’s equity stood at 100.305 million TND (37.01 million USD) against 90.127 million TND (32.16 million USD) in 2019.
For the record, the Tunisian group comprises five companies operating in several activities: GAT Assurances, GAT Vie, GAT Immobilier, GAT Promotion Immobilière et GAT Investissement.
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