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Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Tunisian non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Tunisia's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Tunisia non-life (P&C) market as well as trends by line of business. Axco analysts also report on Tunisia's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers.
The report describes Tunisia's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Tunisia, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured.
View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in Tunisia, their market share and investigates how much premium is written through the sector’s different distribution channels.
Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in Tunisia with local company premiums, market share and year on year growth, expense ratios and retentions by line of business.
The Tunisian non-life insurance market is dominated by motor business, which accounted for a 58.1% market share in 2019. Although the motor market benefitted from reductions in claims frequency in 2020, due to lockdowns and internal travel restrictions, insurers did not grant any particular benefits to the insured motorists.
In 2020, the economy contracted as lockdown measures including travel restrictions ....
This is a brief extract of information; more updated information may be available in the latest published report.