reports
Mahmoud Rebai
- Mahmoud Rebai
A comfortable situation
The company’s FY2016 figures show a 15% increase in net written premiums to TND65.8m with a retention rate of 60.5% (vs. 56.9 % yoy). This improvement was mainly driven by the Non Life activity (+12.7%) up to TND52.8m. Life and Re-takaful activities also rose to TND6.2m (+21.7%) and TND6.7m (+29%), respectively. Net claims went up by 10.2% to TND31.3m. Moreover, investment income (including Re-takaful) continued its upward trend (+30%) to reach TND17m in 2016.
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