11% increase in Salim Insurance sales in the first half of 2019

Salim Insurance announced a turnover of 65.223 million Tunisian dinars (nearly 23 million USD) at June 30, 2019, up 11% year-on-year.

According to the company’s statements, non-life premiums rose to 39.795 million TND (13.44 million USD), up 18% compared to the first half of 2018 – this branch largely dominates its portfolio with 60% of premiums in 2018- . Claims expenses declined to 26.370 million TND (8.905 million USD) against 26.540 million TND (10.136 million USD) as of June 30, 2018.

Controlled by BH Bank, Assurances Salim, at a general meeting held on August 8, 2019, formally received shareholder approval for a name change and became BH Assurance. In 2018, the company had recorded a 13% increase in its turnover from TDN 90.2 million ($ 36.4 million) in 2017 to TDN 101.5 million ($ 33.7 million).

LEAVE A REPLY

Please enter your comment!
Please enter your name here