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Tunisian reinsurer's revenue rises more than 2%


Tunisia-based reinsurer Societe Tunisienne de Reassurance's revenue grew 2.5% year over year to more than 116 million Tunisian dinars ($49 million) in 2017, Middle East Insurance Review reported. Nonlife premiums remained flat at nearly TND 99 million, while retakaful premiums grew 19% to nearly TND 11 million. Retrocession supported 44% of this gross charge, compared with 40% in 2016.

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