Tunis Re (Société Tunisienne de Réassurance), the national professional reinsurance company in Tunisia, has recorded a turnover of TND 126 million ($42.6 million) for the first half of 2026, a 2.2% increase compared to the same period the year prior.
According to the reinsurer, the achievement rate compared with the objectives set for the 2026 financial year stands at 48%.
Growth was maintained despite a challenging environment marked by complex factors, including the depreciation of the US dollar and geopolitical tensions, which the company balanced through controlled exposures and targeted adjustments to underwriting conditions.
Net claims incurred dropped 16% year on year to TND 30 million ($10.1 million), down from TND 36 million ($12.2 million) during the same period in 2025.
Tunis Re attributed the decline to stricter risk selection and the absence of major loss events during the period. As a result, the reinsurer’s loss ratio improved by two percentage points, falling to 33% from 35% in the prior year period.
Investment income generated as at June 30, 2026, amounted to TND 17.028 million ($5.8 million), representing an increase of 6.1% compared with the same period of the previous financial year.
The total includes accrued and not yet due interest for both 2025 and 2026, but excludes interest on deposits held with ceding companies.
“At the end of the first half of 2026, Tunis Re confirms the strength of its operational and financial trajectory, driven by a selective underwriting policy, rigorous risk management, and continuously improving financial performance. These achievements reinforce the Company’s confidence in pursuing its annual objectives,” Tunis Re stated.
