STAR stock reports 31.94 percent H1 profit growth

Published on 09/29/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

STAR stock delivered TND 28.13 million in first-half net profit on June 30, 2026, up 31.94 percent year over year. Earned premiums rose 10.98 percent.

STAR, TN0001500856, Illustration mit AI erstellt.

STAR stock is supported by TND 28.13 million in net profit for the first half of 2026, a 31.94 percent increase from the comparable period. Tera Finances reported the interim figures for the six months ended June 30, 2026, putting the Tunisian insurer's latest operating picture firmly ahead of the first half of 2025.

Premiums grow faster than claims

Leconomiste Maghrebin reported earned premiums of TND 244.9 million for the first six months, compared with TND 220.7 million a year earlier, a 10.98 percent increase. Claims expenses, including management fees, rose 7.53 percent to TND 173.2 million from TND 161.0 million, leaving premium growth ahead of claims growth.

The revenue mix also shifted toward the life business. According to Tera Finances on September 18, 2026, life premiums reached TND 35.214 million, up 16.05 percent, while non-life revenue stood at TND 235.781 million, up 6.88 percent.

Non-life result leads recovery

The clearest operating improvement came from the non-life branch. Its technical result reached TND 4.922 million in the first half of 2026, compared with TND 0.935 million a year earlier, while the life technical result declined 18.27 percent to TND 9.488 million from TND 11.609 million.

Investment income provided another earnings contribution. Net investment income rose 12.98 percent to TND 72.562 million from TND 64.220 million, and ordinary activities profit increased 19.48 percent to TND 37.912 million.

STAR valuation and investor context

STAR had a market capitalization of TND 900.0 million as of September 25, 2026. Its year-to-date performance stood at plus 53.80 percent on that date, while the 2025 closing price was TND 63.780 and the latest listed value in the same market overview was TND 90.000.

The balance sheet also expanded during the reporting period. Total assets reached TND 1,774.966 million on June 30, 2026, up 7.30 percent from TND 1,654.0 million a year earlier, while net investments rose 10.00 percent to TND 1,219.151 million.

Profit growth sets the benchmark

STAR's first-half result combines faster premium growth with a sharp recovery in non-life technical performance, although the 18.27 percent decline in the life technical result remains a counterweight. For investors, the key benchmark is whether the TND 28.13 million profit level and the TND 4.922 million non-life result can be sustained through the second half of 2026.