Assurances Maghrebia Vie

Assurances Maghrebia Vie

BBVMT:AMV
12.30
TND
-0.29
(-2.30%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

Sector
Finance
Industry
Multi-line insurance
Address
Tunis Tunisia
IPO Date
Dec 30, 2022
Business
Assurances Maghrebia Vie SA is a Tunisia-based insurance company that specializes in providing life insurance, personal protection, retirement savings, and healthcare coverage solutions to individual, professional, and corporate clients. The company operates through several core business lines: Individual Life and Savings, which includes term life insurance, whole life and endowment policies, tax-incentivized personal pension and retirement savings plans, capital accumulation contracts, and children's education savings funds; Group and Corporate Insurance, which offers collective term life and accidental death coverage, total and permanent disability benefits, corporate supplementary retirement plans, end-of-service indemnity schemes, and complementary group health insurance providing medical and hospital expense reimbursement; Credit Life and Borrower Protection, which delivers debt-repayment guarantees against death and disability distributed in partnership with commercial banking networks and microfinance organizations; and Supplementary Protection Riders, which encompass critical illness coverage, daily hospital allowances, spouse pension annuities, and educational annuities. Founded in 2005 as a dedicated life insurance entity resulting from the statutory restructuring of its parent organization, Assurances Maghrebia SA, the company is headquartered in Tunis, Tunisia, and serves policyholders throughout the domestic market via an extensive distribution network consisting of exclusive tied agents, independent insurance brokers, direct corporate sales channels, and nationwide bancassurance partnerships. In recent developments, Assurances Maghrebia Vie has accelerated its digital transformation roadmap through the deployment of web-based client portals, digitized healthcare claims processing platforms, and automated subscription workflows; strengthened its bancassurance and institutional distribution alliances across domestic commercial banks and microfinance networks to expand market penetration in borrower protection; enhanced its specialized savings offerings with upgraded supplementary pension and capitalization products; and reinforced its market standing and governance following its public listing on the Tunis Stock Exchange (Bourse de Tunis) under the ticker symbol AMV.