HomeNewsTunisia: quarterly turnover of Tunis Re up 24%

Tunisia: quarterly turnover of Tunis Re up 24%

The turnover of the Tunisian Reinsurance Company “Tunis Re” has risen by 24% until March 31, 2019, against 17% in 2018 (142.037 million dinars), President and CEO of ” Tunis Re “, Lamia Ben Mahmoud said Wednesday.

“This evolution remains very important in an increased competitive climate and a difficult economic situation,” she said in a financial statement of Tunis Ré, held at its headquarters, stating that the rate of achievement of the turnover reached 37% at the end of March 2019

“The first quarter of 2019 saw a 33% increase in technical provisions, which gives a net technical result of 10,162MD against 8,659 MD in 2018, i.e. an increase of 7%,” she said.

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