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Tunis Re published its quarterly results as at 31 March 2020.
The turnover achieved during Q1 2020 remained stable compared to the one recorded twelve months before : 56.758 million TND (19.772 million USD) in Q1 2020 against 56.687 million TND (19.144 million USD) in Q1 2019.
Unlike premiums, the incurred losses increased by 33% to 12.521 million TND (4.362 million USD) at the end of March 2020. The financial products recorded a 9.5% growth and stood at 6.198 million TND (2.159 million USD).
The turnover reported during the first quarter of 2020, represents 33% of the 2020 premium objectives.
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