Thursday 30 October 2014
 
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Bahrain Kuwait Insurance Company

BKIC's net profit surges to $5m

Bahrain Kuwait Insurance Company (BKIC) said its profit for the first quarter of this year increased by 108 per cent to BD1.9 million ($5 million) compared to BD914,000 for the same period last year. Technical profits (core busine

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BKIC declares 30pc dividend

Bahrain Kuwait Insurance Company (BKIC) shareholders have been awarded cash dividend of 30 per cent based on the company's financial results for last year, a report said. The dividend of 30 fils per share amounts to BD2.14 mil

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BKIC registers $9.8m profit in 2013

Bahrain Kuwait Insurance Company (BKIC) has reported a net profit of BD3.7 million ($9.8 million) for last year compared with BD4.2 million in 2012. Chairman Abdulla Buhindi said the decline resulted from increased losses due to t

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BKIC 9-month profit rises to $7.4m

Bahrain Kuwait Insurance Company (BKIC) has reported a net profit of BD2.8 million ($7.43 million) for the first nine months of this year, against BD3.1 million in the same period last year. The decline was due to losses in fire a

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BKIC net profit increases 34pc in H1

Bahrain Kuwait Insurance Company (BKIC) saw its first half net profit rise to BD2 million ($5.28 million), a 34 per cent increase on the BD1.5 million in the first half of 2012. Net profit for the second quarter of this year was a

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BKIC registers $2.4m net profit

Bahrain Kuwait Insurance Company (BKIC) has reported a net profit of BD914,000 ($2.4 million) for the first quarter of this year. The company posted a profit of BD917,000 for the same period last year. Despite the d

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BKIC in new motor insurance service

Bahrain Kuwait Insurance Company (BKIC) has announced the signing of a MoU with Gulf Assist for providing pick-up and delivery service to its comprehensive motor insurance customers. BKIC chief executive Ebrahim Al Rayes and Gulf

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BKIC in new motor insurance service

Bahrain Kuwait Insurance Company (BKIC) has announced the signing of a MoU with Gulf Assist for providing pick-up and delivery service to its comprehensive motor insurance customers. BKIC chief executive Ebrahim Al Rayes and Gulf

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BKIC net profit soars to $11m

Bahrain Kuwait Insurance Company's (BKIC), one of the largest insurance firms operating in the kingdom, said its net profit for 2012 rose to  BD4.21 million ($11 million) compared to BD4.14 million a year ago. Impressed w

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Big ratings boost for BKIC

Bahrain Kuwait Insurance Company (BKIC), one of the largest insurance firms operating in the kingdom, has been assigned a financial strength rating of  "A- (Excellent)" and issuer credit rating of "a-" by A M Best Europe

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