AMI Assurances has published its provisional results for the financial year 2023. The turnover amounted to 167.4 million TND (54.5 million USD), down by 11.5% compared to the 189 million TND (60.2 million USD) recorded in 2022.
This decline is mainly due to the non-renewal of a major life contract in 2023, worth 34 million TND (10.8 million USD) in premiums.
Meanwhile, non-life premiums were up by 4.6% to 145.3 million TND (47.3 million USD) as at 31 December 2023.
During the reporting period, the amount of settled claims stood at 100.6 million TND (32.8 million USD) against 110.4 million TND (35.1 million USD) a year earlier. This 8.9% decrease was due to a decline in motor claims settlement.
The financial products increased by 15% to 36.5 million TND (11.9 million USD).
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