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Arig profit up on high investments' incomeBahrain-based Arab Insurance Group's (Arig) has reported a consolidated net profit of $2.8 million for the first quarter of the year as against $2.2 million for the same period last year. The reinsurance firm also reported a m More… |
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Arig eyes prudent approachBahrain-based Arab Insurance Group's (Arig) top management is eyeing a prudent approach this year as the reinsurance major expects a testing trading environment ahead. Chairman Khalid Al Bustani told shareholders at the compan More… |
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Arig sees surge in 2013 net profitBahrain-based Arab Insurance Group (Arig) has posted a six per cent rise in its consolidated net profit which hit $18.6 million for last year, when compared to $17.6 million the year before. Arig, including its corporate member at More… |
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Arig posts $2.7m net profit in Q1Arab Insurance Group (Arig), a leading Bahrain insurance company, said its net profit for the first quarter of the year fell to $2.7 million from $5.5 million last year. However, the reinsurance firm posted an increase of three pe More… |
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Arig investors worried over dividend failureThe shareholders of Arab Insurance Group (Arig), a leading insurance and reinsurance company based in Bahrain, yesterday voiced their concerns over the company's performance during their annual general meeting. They were parti More… |
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Arig swings to $15m net profitArab Insurance Group (Arig), a leading Bahrain insurance company, said it has swung to a net profit of $15.3 million for 2012 from a net loss of $19.1 million in 2011. In a statement, the company said its reinsurance book and inve More… |
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Arab Insurance Group swings to quarterly profitImproved performance under its reinsurance portfolio and healthy investment returns saw Arab Insurance Group (Arig) bounce back into the black in the first nine months of the year. Arig earned a net profit of $10.3 million against More… |
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Arig swings to $5.5m Q1 profitBahrain-based Arab Insurance Group (Arig) rebounded to profitability, in the first quarter with a net profit of $5.5 million on the back of benign claims from its reinsurance book and strong investment returns after a full-year loss in 2011. More… |
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Arig upbeat on insurance profit growthBahrain-based Arab Insurance Group (Arig) said positive stock markets have given a solid start to the year but slowing economic growth, sluggish demand in insurance classes and a low interest rate will continue to challenge shareholders' expec More… |
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S&P reconfirms Takaful Re's stable ratingStandard & Poor's (S&P) has reconfirmed BBB 'Stable' long-term counter-party credit and insurer financial strength ratings to Takaful Re Limited (TRL), a Dubai International Financial Centre-based re-takaful operator. T More… |
