BH Assurance: turnover increase in 2020

BH Assurance recorded a 9% turnover increase in 2020. Premiums rose from 116.6 million TND (41.6 million USD) at 31 December 2019 to 127.1 million TND (46.9 million USD) one year later.

Non-life premiums increased by 11.4%: from 74.2 million TND (26.4 million USD) in 2019 to 82.7 million TND (305.1 million USD) by late 2020.

At the end of December 2020, the life activity realized a turnover of 44.4 million TND (163.8 million USD) against 42.4 million TND (15.1 million USD) a year earlier: a 4.7% growth.

During the period under review, the incurred losses increased by 10% and were set at 59.8 million TND (22 million USD) against 54.4 million TND (19.4 million USD) at the end of 2019. Investment income rose 7.9% over one year.

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