Bahrain-based Solidarity Group Holding, the largest Takaful Group in the world, has announced the acquisition of a majority stake in Al Ahlia Insurance Company in a deal worth BD10.7 million ($27.8 million).
Founded more than 40 y
Solidarity General Takaful, a subsidiary of Solidarity Group Holding, has reported a net profit of $1.5 million last year, as compared to $1.4 million in 2014, a 11.5 per cent increase.
SGT also announced seven
Solidarity Group Holding has successfully closed the merger between its Jordanian subsidiary, First Insurance Company and Yarmouk Insurance Company, Jordanian industry's first merger in 25 years.
First Insurance, Jordan, a subsidiary of Solidarity Group Holding Bahrain, has acquired a controlling stake in Yarmouk Insurance Company in Jordan.
Originally founded more than 30 years ago, Yarmouk Insurance is one of the deep-ro
Solidarity General Takaful, a subsidiary of leading takaful group Solidarity Group Holding, has partnered with Copart Bahrain, an online vehicle auction company.
The partnership, signed by Solidarity general manager Jawad Mohamed
Solidarity General Takaful (SGT), a subsidiary of Solidarity Group Holding, has officially launched its online insurance services portal.
The online insurance service, online.solidarity.bh, will enable its users to obtain with a c
Solidarity General Takaful (SGT), a subsidiary of Solidarity Group Holding, has appointed Jawad Mohammed as its general manager.
Mohammed was SGT’s deputy general manager, and has been with the group since 2003, said a repor
Solidarity General Takaful, a subsidiary of the largest takaful groups in the world, Solidarity Group Holding, was assigned financial strength rating of B++ (good) and insurer credit rating of "bbb" by AM Best, both with a stable outlo
Bahrain-based Solidarity Group Holding's shareholders have been told that the company's business model has proved successful.
Addressing shareholders, Solidarity Group chairman Khalid Abdulla Janahi yesterday said the comp
Bahrain-based Solidarity General Takaful, a subsidiary of one of Solidarity Group Holding, has announced it will be insuring the region’s first Public & Private Partnership (PPP) housing project in the kingdom.