Trust Re, a reinsurance company based in Bahrain, reported profits of $ 8.7 million during the first quarter (Q1) of the year, up 10.1 per cent year-on-year from $ 7.9 million achieved in Q1 2014.
Gross Written Premium reached $20
Bahrain-based reinsurance firm Trust Re has opened a representative office in Casablanca, Morocco.
The public limited company, Trust International Insurance and Reinsurance Company, functions as a regional office to serve Trust Re
Trust Re, a leading reinsurance company based in Bahrain, announced that its authorised, issued and paid-up capital now stands at $200 million.
Its shareholders have released the final part, $30 million, of a plan to double the au
Trust Re, a reinsurance company based in Bahrain achieved gross written premium of $452.6 million during the financial year 2014, as against $398 million in the previous year, marking a growth of 13.7 per cent.
The Group’s p
Bahrain-based Trust International Insurance and Reinsurance Company (Trust Re) has increased its paid-up capital to $140 million and authorised capital to $200 million, a report said.
The move was announced during a Press conferen
Bahrain-based reinsurance company Trust Re was not affected from the recent unrest in the kingdom, it was revealed.
Speaking at the company's first quarterly board meeting and annual general meeting, chairman Kamel Abunahl said that th