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LIC Bahrain sees 23pc premium growth in 2012Bahrain-based LIC (International), a subsidiary of LIC of India, collected a total premium of $126.11 million in 2012, reflecting a 23 per cent growth, said a top official. The company issued 9,801 policies in 2012 with sum assure More… |
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BNH net profit soars to $3.42mBahrain National Holding Company (BNH) earned a net profit of BD1.25 million ($3.42 million) for the first three months of the year, up from BD820,000 for the same period last year. BNH is the parent company of Bahrain National In More… |
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AXA unveils big UAE growth plansAXA Gulf, one of the leading players in the UAE and regional insurance sector, has opened its new outlet at Dubai Mall in line with ts regional expansion strategy. Part of the AXA Group, a globa More… |
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Gulf insurance sector 'to face new challenges'Even as the GCC insurance sector continues to recover fast since the global financial crisis, the current year is going to bring in significant regulatory and commercial change, a leading expert said. According to KPMG in Bahrain More… |
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Ace launches new corporate identityThe Ace group, one of the world's leading global commercial property and casualty insurance organizations, has announced the launch of its revamped corporate identity. The group's operational companies include Ace Insuranc More… |
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Bahrain National eyes stake in top insurance firmBahrain National Holding (BNH), the parent company of Bahrain National Insurance and Bahrain National Life Assurance, is looking to acquire stake in a major regional insurance firm, the company's chairman said. "The firm, More… |
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Bahrain to host big Mena insurance forumMore than 350 Arab insurers, experts and stakeholders are set to converge on Bahrain for the Middle East and North Africa region's first 'Professional Occupational Insurance Forum' in October. The event is being organi More… |
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India to halt Iran oil imports over insuranceIndia is set to halt all crude imports from Iran because insurance companies in the country have said refineries processing the oil will no longer be covered due to Western sanctions, the head of refiner MRPL said on Friday. India More… |
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Bahrain National Holding posts $6m gainsBahrain National Holding Company (BNH) yesterday announced a consolidated net profit of BD2.33 million ($6.2 million) for 2012, compared with BD3.31 million ($8.77 million) for 2011. The decrease in net profits is primarily due to More… |
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Solidarity names new deputy GMSolidarity General Takaful (SGT), a subsidiary of Solidarity Group Holding, has announced the appointment of Jawad Mohammed as deputy general manager. Mohammed was formerly heading business development at Solidarity and has been w More… |
