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HomeNewsTunisia: BH Insurance increases its turnover by 9% to 127 million dinars...

Tunisia: BH Insurance increases its turnover by 9% to 127 million dinars in 2020

The overall turnover of BH Insurance was 127.1 million dinars for the whole year 2020, against 116.7 million as of December 31, 2019, a growth of 9%.

In non-life insurance, the turnover amounted to 82.7 million dinars, against 74.3 million in 2019, a growth rate of 11.4%.

Life insurance posted a turnover of 44.4 million dinars, compared to 42.4 million at the end of December 2019, up 4.6%.

Premiums ceded amounted to 34.6 million dinars, compared to 31.9 million one year earlier, an increase of 8.5%.

On its part, the cost of claims totaled 59.8 million dinars, compared to 54.4 million as of December 31, 2019, an increase of 10%.

Income from investments increased by 7.9% compared to the same period in 2019 to 15.3 million dinars.

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