Tunisia’s insurance industry recorded a robust financial performance during the first nine months of 2025, with total revenues reaching 3,123.3 million Tunisian dinars (TND). This represents an 11.5% increase compared to the same period in 2024, reflecting both rising demand and improved operational efficiency across the sector.
Key Growth Drivers
The overall growth was largely propelled by the life insurance segment, which posted an impressive 19.1% increase, significantly outpacing the 8.7% growth observed in non-life insurance premiums. Within the non-life category, automobile insurance maintained its market dominance with a 39.5% share, followed by group health and fire insurance policies.
| Insurance Segment | Growth (YoY) | Market Share (Non-Life) |
|---|---|---|
| Life Insurance | +19.1% | N/A |
| Non-Life Insurance | +8.7% | 100% |
| – Automobile | – | 39.5% |
| – Group Health | – | 22.3% (approx.) |
| – Fire Insurance | – | 15.8% (approx.) |
Claims Activity
Claims activity also experienced an uptick, particularly within the automobile sector, where 253,414 incidents were reported over the nine-month period. Across the industry, total claims payments reached 1,575.2 million TND, marking a 3.4% year-on-year increase.
| Claims Category | YoY Change | Notes |
|---|---|---|
| Automobile Insurance | +19.5% | Significant rise in reported incidents |
| Fire Insurance | -13.5% | Reduced payout compared to 2024 |
| Life & Capitalisation Policies | -12% | Decline in claims payments |
Financial Resilience
The sector also strengthened its financial foundation, with technical reserves rising by 13.9% to 10,901 million TND by the end of September 2025. This increase highlights the industry’s enhanced resilience and effective capital management strategies, providing a buffer against potential future claims volatility.
Outlook
Overall, Tunisia’s insurance sector demonstrated strong growth and stability in 2025, underpinned by increasing demand for life insurance and continued strength in the automobile insurance market. However, the rise in claims, particularly in motor insurance, underscores the importance of ongoing risk management and prudent underwriting practices. As the industry continues to evolve, insurers are likely to focus on innovative products and digital solutions to maintain growth while mitigating emerging risks.