BOLDEN African News · Saturday 7 November 2026
Tunis Re doubles its share capital to 200 million dinars
Reinsurer Tunis Re has raised its share capital from 100 million to 200 million dinars, through a 75 million dinar cash issue of 15 million shares at 8 dinars each and a 25 million dinar bonus issue from share premiums. The increase was approved by shareholders in April and cleared by the Financial Market Council in August; the capital is now 40 million shares of 5 dinars.
Why it matters
A larger capital base lets a North African reinsurer keep more of the region's risk instead of passing it to overseas markets.
Sources: Managers, African Manager · 7 November 2026
