Tunis Re Publishes Q3 2024 Activity Indicators
Tunisian reinsurance company Tunis Re has released its activity indicators for the third quarter of 2024.
The company has once again demonstrated its resilience in a challenging environment, posting solid technical and financial performance at the end of the third quarter.
Revenue increased by 15% as of September 30, 2024, compared to the same period last year, reaching 174,559 million Tunisian dinars (Mtnd), with an 18% growth in net premiums.
In terms of the objectives set for 2024, the revenue realization rate for the third quarter of 2024 reached 80%.
Financial products saw a 10% growth compared to the third quarter of 2023, reaching 23,521 Mtnd, up from 21,343 Mtnd.
Furthermore, the company is continuing its work on the various phases related to the implementation of IFRS standards, covering both actuarial and accounting aspects.
