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Trust Re net profit doubles in 2015Bahrain-based Trust Re, a leading reinsurance company, posted profits of $30.8 million in 2015, as against $15.4 million in the year before, marking an increase of 100 per cent. The company attributed the profit to very strong non More… |
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Trust Re to get boost from ratings upgradeAn A- rating from AM Best and Standard & Poor’s has enabled Trust Re to get business that would have been unavailable otherwise, according to the Bahrain-based reinsurance firm’s risk committee chairman Derek Atkins. More… |
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Trust Re H1 premiums up 4.5pcTrust Re, a reinsurance company based in Bahrain, has reported a gross written premium of $328.6 million during the first half of this year, representing a 4.5 per cent increase over the $314.3 million achieved during the same period last More… |
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Bahrain's Trust Re opens liaison office in IndiaBahrain-based Trust International Insurance and Reinsurance Company (Trust Re) has announced the opening of the Trust Re Liaison Office in Bangalore, India. The office, which is officially referred to as Trust Re Liaison Office In More… |
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Trust Re Q1 net profit up 10pc to hit $8.7mTrust 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 More… |
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Trust Re opens representative office in MoroccoBahrain-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 More… |
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Trust Re paid-up capital reaches $200mTrust 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 More… |
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Trust Re logs 13.7pc growth in 2014 premiumTrust 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 More… |
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Trust Re raises capital, eyes expansionBahrain-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 More… |
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Trust Re operations unaffected by unrestBahrain-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 More… |
