Salim plans on going international

Salim envisages to be engaged on the Libyan and Algerian markets on the medium-term basis. The Tunisian insurer is going to choose between two courses of action: either to seek partnership with local players already established on these markets, or to directly obtain the required authorization for the opening of a subsidiary. By the end of 2009, Salim's market share in Tunisia has been estimated at 3.2%. The company is targeting an average growth of 16% and a market share of 3.6% by 2013.