Tunis Re (Société Tunisienne de Réassurance), Tunisia’s national specialized reinsurance company, had a turnover of 126 million Tunisian dinars ($42.6 million) in the first half of 2026, an increase of 2.2% compared with the same period last year.
The reinsurer said the achievement rate was 48% compared to the target set for fiscal 2026.
The company maintained growth despite facing a challenging environment characterized by complicating factors such as a declining U.S. dollar and geopolitical tensions, which it balanced by controlling risk exposures and tailoring underwriting conditions.
Net claims fell 16% year-on-year to NT$30 million (US$10.1 million), down from NT$36 million (US$12.2 million) in the same period in 2025.
Tunisia Reinsurance attributed the decline to tighter 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 same period last year.
As of June 30, 2026, investment income reached NT$17.028 million (US$5.8 million), an increase of 6.1% compared with the same period of the previous fiscal year.
This total includes accrued interest and interest not yet due in 2025 and 2026, but does not include interest on deposits held by the ceding company.
Tunis Re said: “At the end of the first half of 2026, Tunis Re confirmed the strength of its operational and financial trajectory, driven by a selective underwriting policy, rigorous risk management and improving financial results. These achievements strengthen the company’s confidence in achieving its annual targets.”
