Honoring Mohamed Hachicha: A Pillar of Tunisia’s Insurance Industry
The Tunisian insurance industry bids farewell to one of its most enduring and influential figures, Mohamed Hachicha. A veteran leader and former CEO of ASTREE, Hachicha’s passing marks the end of an era for Tunisia’s financial sector. His legacy spans nearly five decades and reflects a career committed to growth, governance, and professionalism in insurance.
Mohamed Hachicha’s Legacy of Leadership in Insurance
Mohamed Hachicha entered the Tunisian insurance space in the mid-1970s, a period when the industry was still finding its regulatory footing and beginning to modernize. Before joining ASTREE, he held senior management positions at STAR, one of Tunisia’s key insurers. These formative years at STAR helped develop the strategic vision and operational discipline that would later define his leadership at ASTREE.
In the decades that followed, Hachicha would rise to become one of the most respected names in Tunisian finance, leading ASTREE for 36 years. His tenure was unmatched in both length and influence, transforming ASTREE into a trusted national brand in insurance.
Mohamed Hachicha and the Transformation of ASTREE
When Mohamed Hachicha took the helm at ASTREE, the company was still navigating the challenges of a competitive and evolving market. Under his leadership, ASTREE underwent a dramatic transformation—expanding its service offerings, improving product lines, and modernizing operational frameworks.
Hachicha was recognized as a visionary, principled, and highly disciplined executive. He was known not just for his technical expertise but for mentoring and developing talent within the organization. The professional culture and best practices he instilled continue to shape ASTREE’s identity today.
His legacy includes the systems he helped build: long-standing strategic partnerships, emphasis on employee development, and strong adherence to underwriting discipline and customer satisfaction.
Mohamed Hachicha’s Continued Influence After ASTREE
Even after stepping down as CEO, Mohamed Hachicha remained a guiding voice in Tunisia’s insurance ecosystem. He became a member of the General Insurance Committee (CGA)—an authoritative body involved in shaping insurance regulations and policy across the country.
In this role, Hachicha applied his vast industry experience to broader national reforms. His insights on compliance, financial stability, and market sustainability were widely valued. Colleagues within the CGA often praised his institutional memory and unwavering dedication to public trust in insurance institutions.
Mohamed Hachicha and a Family Legacy in Insurance
The name Mohamed Hachicha also resonates globally through his son, Hedi Hachicha, who had an accomplished international career. Hedi served as Head of Non-Life Underwriting for Africa and the Middle East at SCOR, a leading global reinsurance company.
Tragically, Hedi passed away on June 14, 2024, just months before his father. His achievements in international reinsurance mirrored the high standards set by his father. Together, their stories reflect a multi-generational commitment to excellence and innovation in both national and global insurance markets.
Mohamed Hachicha’s Passing Marks the End of an Era
The passing of Mohamed Hachicha closes a significant chapter in the evolution of Tunisia’s insurance sector. His leadership at ASTREE coincided with—and in many ways propelled—key shifts in the industry, including market liberalization, new regulatory frameworks, and rising consumer expectations.
Hachicha’s influence extended far beyond the positions he held. His vision, ethics, and strategic thinking continue to inspire those working in the sector today. His contributions helped define modern insurance in Tunisia—an industry driven by integrity, service, and resilience.
The Insurance Industry Pays Tribute to Mohamed Hachicha
While formal tributes from official bodies are anticipated, professionals across Tunisia and beyond have already taken to social platforms to express their admiration for Mohamed Hachicha. Many describe him as a trailblazer, someone who was deeply committed to industry progress, generous with his mentorship, and unwavering in his values.
Former colleagues and young professionals alike reflect on the imprint he left—especially in fostering collaboration, reaching consensus, and nurturing leadership talent. A significant number of professionals in Tunisia’s financial services today credit their foundation to the work culture developed under Hachicha’s stewardship at ASTREE.
Conclusion: Mohamed Hachicha’s Enduring Impact
As Tunisia’s insurance sector mourns the passing of Mohamed Hachicha, it also honors a life of service, legacy, and inspiration. His influence went beyond business growth—he helped set ethical and operational standards that have become benchmarks for the industry.
The combined legacies of Mohamed and his late son Hedi serve as a reminder of how one family’s dedication can influence not just companies, but entire sectors. Their story continues to inspire future leaders, policymakers, and industry pioneers across Tunisia and around the world.
