Lloyd Tunisien Publishes 2025 Financial Results: Net Profit Declines 13.7% as Non-Life Technical Result Slips

Tunis, Tunisia – The Tunisian insurance company Lloyd Tunisien has released its financial statements for the 2025 fiscal year. The report highlights a mixed performance, with a decline in net profit and non-life technical results, offset by growth in investment income and a significant improvement in the life insurance segment.

Non-Life Insurance Performance

The Non-Life Technical Income Statement reported total revenue of 236.145 MTND (Million Tunisian Dinars).

• Investment Income: Allocated investment income rose to 15.564 MTND, up from 11.393 MTND in the previous fiscal year.
• Net Claims Expenses: Increased to 96.430 MTND, compared to 82.673 MTND in 2024.
• Operating Expenses: Rose by 19.9% year-on-year to reach 31.081 MTND.
• Non-Life Technical Result: Declined to 1.549 MTND, down from 4.396 MTND in 2024.

Performance by Branch

• Automobile: Remained the most contributing branch, generating a technical result of 8.698 MTND.
• Group Insurance: Recorded the largest technical loss at -4.58 MTND.
• Transport Insurance: Also posted a technical loss of -1.054 MTND.

Life Insurance Performance

The life insurance activity showed positive momentum:

• Earned Premiums: Reached 2.989 MTND.
• Life Technical Result: Improved significantly to 1.220 MTND, up from 0.729 MTND in the previous year.

Overall Financial Position

• Net Profit: The net profit for the 2025 fiscal year stood at 7.263 MTND, representing a 13.7% decrease compared to the prior year.
• Equity: Equity before profit allocation totaled 82.985 MTND.
• Balance Sheet Highlights:
  • Net Investments: 286.849 MTND.
  • Total Latent Capital Gains: 19.746 MTND, of which 18.151 MTND is attributable to equities and variable income securities.
  • Gross Technical Provisions: 244.240 MTND.

2026 Strategic Outlook: Strengthening Distribution Networks

Lloyd Tunisien has outlined a 2026 strategy focused on strengthening and developing its distribution network. Key initiatives include:

1. Agent Support Cell: Establishment of a dedicated unit to support and mentor trainee agents, aiming to facilitate their integration and skill development.
2. Recruitment: Hiring of new agents to expand the sales force.
3. Agency Modernization:
   • Renovation of 10 agencies according to the company’s new brand charter.
   • Renovation of the Mégrine branch.
   • Relocation of the Sfax branch to a site better suited to its operational needs.

Extraordinary General Meeting: Capital Increase

Shareholders are convening today for an Extraordinary General Meeting (EGM) to vote on a capital increase of 20 MTND. This increase will be achieved through the incorporation of the retained earnings (after allocation of the 2025 fiscal year results).

• New Shares Issued: 4,000,000 new shares.
• Nominal Value: 5 TND per share.
• New Total Share Capital: 65 MTND.
• Allocation: New shares will be issued free of charge to existing shareholders at a ratio of 4 new shares for every 9 old shares.
• Effective Date: The new shares will carry full rights from January 1, 2026.