Tunisian insurance market: ranking of insurers in 2019

Magazine Issue:

Magazine date:

Dec 2020

Figures in thousands

Companies	Turnover 2019		Turnover 2018		2018-2019 evolution ⁽¹⁾	2019 shares
Companies	TND	USD	TND	USD	2018-2019 evolution ⁽¹⁾	2019 shares
STAR	374 867	133 805	358 733	119 185	4.50%	15.53%
COMAR	212 156	75 727	208 100	69 139	1.95%	8.79%
GAT	170 999	61 036	174 600	58 009	-2.06%	7.08%
MAGHREBIA	169 758	60 593	159 500	52 992	6.43%	7.03%
ASTREE	168 279	60 065	155 246	51 579	8.40%	6.97%
AMI ⁽²⁾	161 183	57 533	168 400	55 949	-4.29%	6.68%
CARTE	127 273	45 429	104 985	34 880	21.23%	5.27%
ASSURANCES BIAT	121 799	43 475	125 500	41 696	-2.95%	5.05%
MAE	120 642	43 062	108 110	35 918	11.59%	5.00%
BH ASSURANCE	116 707	41 657	102 087	33 917	14.32%	4.83%
LLOYD TUNISIEN	108 488	38 724	93 340	31 011	16.23%	4.49%
CTAMA ⁽²⁾	103 846	37 067	89 300	29 669	16.29%	4.30%
ATTIJARI ASSURANCE	87 006	31 056	86 455	28 724	0.64%	3.60%
MAGHREBIA VIE	66 144	23 609	58 490	19 433	13.09%	2.74%
GAT VIE	61 834	22 071	41 758	13 874	48.08%	2.56%
ZITOUNA TAKAFUL	60 563	21 617	52 481	17 436	15.40%	2.51%
CARTE VIE	58 600	20 917	53 159	17 662	10.24%	2.43%
ASSURANCES HAYETT	50 691	18 094	44 321	14 725	14.37%	2.10%
EL AMANA TAKAFUL	31 248	11 154	29 473	9 792	6.02%	1.29%
ATTAKAFULIA ⁽²⁾	26 463	9 446	22 679	7 535	16.69%	1.10%
COTUNACE	15 782	5 633	15 129	5 026	4.32%	0.65%
Total market	2 414 328	861 770	2 251 846	748 153	7.22%	100%

⁽¹⁾ Evolution in local currency
⁽²⁾ Provisional data
Source: 2019 Annual Report, General Insurance Committee (CGA)

Exchange rate as at 31/12/2018 : TND= 0.33224 USD
Exchange rate as at 31/12/2019 : TND= 0.35694 USD