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Tunis Re says H1 2026 premiums rose 2.2% despite headwinds
Net claims fell 16% year over year to TND 30 million, helping improve the loss ratio to 33%.
Tunis Re, Tunisia's national professional reinsurance company, reported H1 2026 turnover of TND 126 million, a 2.2% increase versus the same period last year, and said its 2026 objectives were 48% achieved.
The reinsurer pointed to a challenging backdrop that included depreciation of the US dollar and geopolitical tensions, which it balanced through controlled exposures and targeted underwriting adjustments.
Tunis Re also reported net claims incurred down 16% year over year to TND 30 million, from TND 36 million in the first half of 2025, attributing the decline to stricter risk selection and the absence of major loss events.
As a result, its loss ratio improved by two percentage points to 33%, while investment income at June 30, 2026 totaled TND 17.028 million, up 6.1% year over year, excluding interest on deposits held with ceding companies. Reinsurance News reports that Tunis Re said these results reflect confidence in pursuing its annual objectives.