23.9 C
Thursday 23 March 2023
HomeNewsTunisia: STAR Assurances improves net profit by 28% to 21 million dinars...

Tunisia: STAR Assurances improves net profit by 28% to 21 million dinars in 2021

The insurance company STAR said its Board of Directors met Thursday, March 17, 2022 and adopted the financial statements for the year 2021.

The latter show a net profit of 21 million dinars, against 16.4 million in 2020, up 28%.

The written premiums show a rise of 1.9% to 368.1 million dinars, from 361.4 million in 2020.

This rise concerned mainly the Transport, Fire and Life branches. As for earned premiums, they increased by 1.6% to 368.6 million dinars.

Claims expenses amounted to 276.1 million dinars, against 266.2 million in 2020, up 3.7% while net investment income amounted to 77.7 million dinars, against 65.9 million a year earlier, up 17.8%.

In addition, the Board decided to propose the distribution of a dividend of 3.650 dinars per share and to convene the company’s shareholders for an Ordinary General Meeting on May 12, 2022.


Please enter your comment!
Please enter your name here

- Advertisement -