Despite relatively low penetration, Tunisia’s insurance sector has been growing steadily, with the rapid expansion of existing segments, such as life insurance, and the development of new ones, like takaful (Islamic insurance). The expected implementation of a revised insurance code, along with efforts to improve key growth and...
Despite their significant presence in the Tunisian economy, SMEs continue to face difficulties in financing their development. Aware of these challenges, the authorities are looking to provide SMEs with alternative sources of financing outside of the banking sector, which has been limited in its ability to finance such enterprises. To this end...
Historically dominated by the motor segment, the sector is now aiming to further develop its varied products and distribution channels, particularly life insurance, takaful (Islamic insurance), bancassurance and micro-insurance, with the goal of doubling its GDP contribution to 4% between 2017 and 2022.
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