Assurances BIAT: 2024 results

Assurances BIAT recorded a turnover of 279.5 million TND (87.5 million USD) at end-December 2024, up 14.8% on the 243.6 million TND (79.3 million USD) posted at the end of 2023.

Non-life premiums reached 110.7 million TND (34.7 million USD) against 97.4 million TND (31.7 million USD) at 31 December 2023, reflecting a 13.7% growth.

Life underwriting increased by 15.4% from 146.2 million TND (47.6 million USD) at end-2023 to 168.8 million TND (52.8 million USD).

The Tunisian insurer closed the 2024 financial year with a 7% improvement in net profit, which rose from 18.6 million TND (6.1 million USD) in 2023 to 19.9 million TND (6.2 million USD) twelve months later.