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Bahrain insurance posts solid Q3 growthBahrain insurance market registered solid growth during the third quarter of 2012, with its gross premiums increasing to BD184.11 million ($480.6 million) by the end of September 2012, up 9 per cent over the same period a year More… |
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Islamic insurance premiums to hit $12bnThe Islamic insurance industry has demonstrated substantial growth in recent years with gross written premiums (GWPs) estimated to reach $12 billion in 2012, said an expert. This growth will be coupled with a compound annual growt More… |
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Insurance House YTD net profit tops $2mAbu Dhabi-based Insurance House has registered a net profit of Dh7.65 million ($2.08 million) for the nine months ended September 30, after achieving operating breakeven in the first quarter of the year. Gross Written Premium (GWP More… |
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SNIC premiums surge to $24m in H1Bahrain operations helped Saudi National Insurance Company (SNIC) increase its premiums to BD9.1 million ($24.3 million) for the first half of this year in comparison to BD8.7 million for the same period last year, said a top official. More… |
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Bahrain National Holding premiums up 6.5pcInternational and local competition as well as claims in vehicle and medical insurance has led to a 6.5 per cent increase in gross premiums this year compared to 2011 for Bahrain National Holding (BNH), its chief executive said. & More… |
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Aman records $5.6m net profits in ‘09Dubai Islamic Insurance and Reinsurance Company (Aman) has posted its net profits for 2009 at Dh20.57 million ($5.6 million). Company officials have stated that the company’s reached Dh495.777 million in total premiums. – TradeArab More… |
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Aramco to start H2 naphtha talksSaudi Aramco, Asia's top naphtha term supplier, will hold its July-December term negotiations with Asian buyers in London on May 11, coming at a time of weakening demand, traders said. The last time the heavyweight supplier held talks in m More… |
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Oman Insurance premiums up 41pcOman Insurance Company, one of the premier insurance companies in the UAE, said its gross written premiums increased 41 per cent to touch Dh2.14 billion ($582 million) in 2008. The company's net profit soared to Dh250 million, of which Dh2 More… |
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Risk premiums blamed for price riseElevated oil prices are partly due to risk premiums, not fundamental factors, the deputy governor of the Saudi central bank said on Wednesday. "I think higher oil prices have a lot to do with risk premium from geopolitical uncertainties an More… |
