STAR, the company behind STAR stock, reports 31.90 percent profit growth

STAR, the Tunisian insurance group behind STAR stock, reported net income of TND 28.10 million for the first half of 2026, up 31.90 percent from TND 21.30 million a year earlier, according to Leconomiste Maghrebin on September 19, 2026. The result gives the stock a fresh earnings foundation after a strong rise in the Tunisian market during 2026.

Premiums rise 10.98 percent

Earned premiums reached TND 244.90 million in the first six months of 2026, compared with TND 220.70 million in the same period of 2025. That 10.98 percent increase outpaced the 7.53 percent rise in claims and management expenses, which reached TND 173.20 million.

Investment income also contributed to the result. Net investment products rose 12.98 percent to TND 72.60 million from TND 64.20 million a year earlier, while net technical provisions increased to TND 1.08 billion from TND 1.03 billion, according to Leconomiste Maghrebin.

Life subsidiary carries a risk

STAR continued preparations during the first half of 2026 for a subsidiary focused on marketing life insurance products. The project broadens the company's growth options, but the earnings mix remains important because life insurance generated TND 9.50 million of technical profit, or 65.80 percent of the TND 14.40 million total, according to African Manager on September 23, 2026.

The same report said life-insurance profit fell 18.30 percent to TND 9.50 million, despite premiums increasing 16.20 percent and mathematical provisions rising 24.70 percent to TND 152.90 million. African Manager also reported that STAR received notice of a social-insurance inspection on May 18, 2026, covering obligations from January 1, 2023, through December 31, 2025.

Stock market value stays visible

The latest dated Tunis Stock Exchange quote was TND 90.80 on September 30, 2026, while market capitalization stood at TND 908.0 million. The figure corresponds to 10,000,003 shares outstanding, according to Mizen.

For investors, the key distinction is between headline profit growth and the quality of its sources. Investment income, the life segment and the planned subsidiary all deserve attention alongside the 31.90 percent earnings increase. The combination leaves STAR with measurable operating growth and a balance sheet whose investment exposure remains central to the result.