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Tunisia: GAT Assurances Group announces net profit of 30 million dinars for 2023

The GAT Assurances Group posted a consolidated net profit of 29.8 million dinars, at the end of the 2023 financial year, compared with 28.2 million dinars in 2022, an increase of 5.5%.

Group turnover (premiums written and accepted) increased by 12% to 322.2 million dinars, compared to 288.7 million dinars in the previous year.

GAT Assurances accounted for 82% of this turnover, or 264.2 million dinars, while GAT Vie accounted for 18%, or 58 million dinars.

In 2023, the Group’s insurance business will have generated a technical surplus of 33 million dinars, compared to a surplus of 26.6 million dinars in 2022, an increase of 23.8%.

The Non-Life business generated an underwriting profit of 26.3 million dinars (including acceptances), compared to a profit of 20.8 million dinars in 2022.

The Life business recorded an underwriting profit of 6.6 million dinars, compared to a profit of 5.8 million dinars in 2022.

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