News
Press Release
We are pleased to share with you our Press Release N°120 dated April 25th 2024: a diverse and rich collection of National and International news.
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Tunis Re’s Indicators as at 31st March 2024
Tunis Re once again confirms its resilience in the face of a difficult environment by posting solid technical and financial performance at the end of the first quarter 2024: A 14% increase in turnover compared to march 31, 2023, to reach 70.498 MTD. This increase is the combined result of an increase in the volume of business subscribed as well as good diversification in our portfolio.
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Analysis of the “BNA Capitaux” : Tunis Re, Secure and Sustained Growth
The year 2023 is shaping up positively for Tunis Re, with indicators showing double-digit growth (+14%) in net written premiums. This growth is being driven mainly by developments abroad (+16%), compared with a smaller increase (+7%) on the local market. The realisation rate at the end of the 3rd quarter of 2023 was close to 80%, confirming the forecasts for the year. The claims ratio improved by 1 percentage point to 57%, compared with 58% at the same date in 2022. For 2023 as a whole, we are forecasting sales of €208m, up 7% on 2022.
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Consultancy agreement between Tunis Re & RMS
The international leader in catastrophe risk management solutions and Tunis Re have signed a consultancy agreement to strengthen the monitoring of exposures and accumulations, focusing on floods, terrorism and other natural catastrophes.
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