Shareholders of non-life insurer Assurances Maghrebia have given the green light to raising the company's capital by TND10m ($3.4m).
This raises Assurances Maghrebia’s total share capital from TND45m to TND55m. The capital increase is via a bonus issue of 1m new shares with a nominal value of TND10 each. Shareholders receive two bonus shares for every nine existing shares held.
Assurances Maghrebia ended the 2025 financial year on a positive note, with its financial results boosted by insurance activities and investment performance.
According to the company, all its main business lines showed strong performance. In detail, the Fire and Miscellaneous Risks, Health, and Automobile segments each recorded growth of over 10% in 2025.
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Summary of 2025 financial results of Assurances Maghrebia
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Financial Metric
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TND m
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YoY Change
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GWP (Turnover)
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300.65
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+10.52% (Crossed TND300m threshold)
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Pre-Tax Profit
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38.29
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+7.54%
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Net Profit
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26.09
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-8.00% (Due to a rise in claims costs and higher tax pressures)
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Net Claims Expenses
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167.70
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+7.40% (In line with increased business volume)
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Net Investment Income
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31.40
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+4.10%
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Assurances Maghrebia maintained its growth momentum in the first quarter of this year. The company reported a 10.4% increase in turnover in 1Q2026. Premium volume reached TND117m compared to TND105.95m in the corresponding quarter in 2025. Investment income increased by 4.92% year-over-year to TND6.69m.