Tunisia’s Insurance Industry Sees Strong Growth in First Nine Months of 2025

Tunisia’s insurance sector posted a robust financial performance in the first nine months of 2025, achieving total revenues of 3,123.3 million dinars, marking an 11.5% increase compared to the same period in 2024.

Key Growth Drivers

The growth was primarily driven by a strong performance in life insurance, which saw an impressive 19.1% increase. This outpaced the 8.7% rise in non-life insurance premiums. Among non-life insurance segments, automobile insurance continued to dominate the market, holding a 39.5% share, followed by group health and fire insurance.

Claims Activity

Claims activity also saw an uptick, particularly in the automobile insurance sector. The number of reported automobile incidents rose significantly, reaching 253,414 cases. Across the sector, total claims payments amounted to 1,575.2 million dinars, reflecting a 3.4% year-on-year increase. Automobile-related claims payouts surged by 19.5%, while fire insurance claims fell by 13.5%. Additionally, payments for life and capitalization policies declined by 12%.

Financial Resilience

The industry also strengthened its financial position, with technical reserves rising by 13.9% to reach 10,901 million dinars by the end of September 2025. This increase underscores the sector’s enhanced resilience and proactive capital management strategies.

Overall, Tunisia’s insurance sector demonstrated strong growth and stability in 2025, driven by increased demand for life insurance and a solid performance in the automobile insurance market. The rise in claims, however, suggests a need for ongoing vigilance in managing risks across the industry.