The Compagnie Méditerranéenne d'Assurances et de Réassurances (COMAR) has posted a 4.6% increase in its turnover in original currency as at 31 December 2021. It went from 222.97 million TND (82.3 million USD) in 2020 to 233.346 million TND (81 million USD) a year later.
The non-life premiums have reached 227.361 million TND (78.9 million USD) against 5.985 million TND (2.1 million USD) for the life class of business.
The Tunisian insurer has closed the financial year 2021 with a net profit of 33.8 million TND (11.7 million USD), which represents a 33% progression compared to the 25.4 million TND (9.4 million USD) recorded in 2020.
The company's shareholders' equity rose from 231.935 million TND (85.6 million USD) in 2020 to 247.753 million TND (86 million USD) in 2021.