Tunisian Insurance Industry Grew in Terms of Gross Written Premium at A Review-Period CAGR of 8.2%

Date: 2015-09-01

“• The Tunisian insurance industry grew in terms of gross written premium at a review-period CAGR of 8.2%.

• The insurance industry is regulated by the General Insurance Committee (CGA), which is authorized by the Ministry of Finance. 

• The Tunisian insurance industry comprised 22 insurance and reinsurance providers as of 2014.

• Non-life insurance accounted for the largest share of the industry’s gross written premium in 2014, with 69.5%.

• Motor insurance was the largest category in the non-life segment during the review period, in terms of gross written premium.

• Losses are increasing losses due to fraudulent claims.

• Infrastructural development will strengthen the insurance industry.”

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