According to the 2024 report on Tunisia’s insurance sector, published on Tuesday by the General Insurance Committee (CGA), activity in the agricultural insurance segment remains very limited, accounting for just 0.3% of total net premiums. The segment posted positive growth of 6.3%, unlike in 2023 and 2022.
Those two years were marked by declines in net premiums for this line of business—by around (–6%) and (–3.3%), respectively—after several years of uninterrupted growth at varying rates (7.9% in 2021, 4.6% in 2020, more than 75% in 2019, and 14.3% in 2017).
According to the CGA, this situation is essentially the result of the low number of insurance policies taken out against agricultural risks (which are limited exclusively to hail insurance). Such policies cover only about 8% of all farmers, given that this type of protection is not mandatory and that awareness among farmers remains low.
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