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Tunisia: GAT Assurances increases profit by 4% to 25 million dinars in 2023

GAT Assurances posted a net profit of 25.2 million dinars, compared with a profit of 24.3 million dinars at the end of the previous financial year, representing growth of 4%.

Premiums written and accepted, net of taxes and cancellations, amounted to 260.9 million dinars up to December 31, last year, compared with 234.4 million dinars at the end of December 2022, posting an increase of 8%.

The investments of GAT Assurances totaled a net amount of 395.6 million dinars at the end of the past year, compared with 376.9 million dinars at December 31, 2022, an increase of 18.6 million dinars.

Also, technical provisions net of recourse recorded a decrease of millions of dinars from 316.4 million dinars at December 31, 2022 to 312.3 million dinars at the end of December 2023.

In addition, the company’s balance sheet at December 31, 2023 totaled 540.8 million dinars, compared with 528.9 million dinars a year earlier, up 2%.

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