Al Baraka Assurances Reports Significant Growth in 2025
Al Baraka Assurances (formerly Al Amanah Takaful) has announced a net profit of 5,328 MTND for the 2025 fiscal year, representing a 42.3% increase compared to the previous year.
Key Financial Highlights
- Net profit: 5,328 MTND, up 42.3% from 2024
- Wakala commissions: 17,489 MTND, compared to 13,391 MTND in 2024
- Moudharaba commissions: 0,486 MTND, down 25.9% from 2024
Insurance Premiums
In 2024, non-life insurance premiums totaled 61,396 MTND, with the following breakdown by branch:
- Automobile: 45,230 MTND
- Health: 5,911 MTND
- Life insurance premiums: 14,854 MTND
Technical Results
The company's technical results show a strong performance in the following areas:
- Fire insurance: 1,582 MTND
- Transport: 0,758 MTND
- Miscellaneous risks: 0,433 MTND
- Construction: 0,137 MTND
Investment Products
The company's investment products generated 1,490 MTND in revenue.
Portfolio Size
The company's portfolio size reached 124,105 MTND at the end of 2025, with the following breakdown:
- Funds belonging to members: 90,529 MTND
- Company's Takaful and/or Retakaful funds: 33,576 MTND
Operating Result
The company's operating result before taxes was 7,180 MTND, driven by a faster increase in revenue than expenses.
Takaful Funds
The company's Takaful funds reported the following results:
- Takaful Familial fund (equivalent to life insurance technical result): surplus of 0,337 MTND
- Takaful general fund (equivalent to non-life insurance technical result): surplus of 0,063 MTND
Outlook
With increased synergies with its parent bank, Al Baraka Assurances has strong growth prospects in a sector with high potential in the Tunisian financial industry.
