Doha Insurance Increases Capital by Issuing Bonus Shares
(QNA
-
29/02/2012)
Doha Insurance Company announced that the general assembly approved the proposal of the Board of Directors to increase the capital of the company by distributing bonus share to the Shareholders at the rate of 30% i.e. three shares for every ten shares,
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BNH announces $8.8m net profit in 2011
(AME Info
-
26/02/2012)
The Board of Directors of Bahrain National Holding Company - BNH - is proud to announce the Group's positive consolidated results for the year 2011; BNH achieved a net profit of BD3.3m ($8.8m) compared to BD3.8m ($10.1m) for the same period last year.
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ACE declared its reissued financial results part II
(Tadawul
-
26/02/2012)
9. Gross Written Premium for the twelve months SAR 224,669 thousand against SAR 191,540 thousand for the same twelve months of the previous year with an increase of 17.3%. Net written premium for the twelve months SAR 102,135 thousand against SAR 92,854
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ACE declared its reissued financial results part I
(Tadawul
-
26/02/2012)
ACE Arabia Cooperative Insurance Company here by declares its reissued financial results for the period ended on December 31, 2011 as follows: 1. Profit before zakat and income tax for the fourth quarter is SAR 3,504 thousand against SAR 523 thousand for
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Al Ain Ahlia Insurance one of a few set for good year
(The National
-
24/02/2012)
With Wednesday the last day to become eligible for Al Ain Ahlia Insurance's 30 per cent cash dividend, the company looks good going into the rest of the year. Last year was difficult for the Middle East insurance sector. The region experienced intense
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BNH registers $9m net profit
(Gulf Daily News
-
23/02/2012)
Bahrain National Holding Company (BNH) achieved a net profit of BD3.3 million ($8.8m) last year compared to BD3.8m for the same period in 2010. Despite the decrease in net profits, primarily due to lower investment returns, the group's net assets
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Al Alamiya announced its financial results (Part II)
(Tadawul
-
22/02/2012)
8. Extract from the External Auditors Report: - As described in note 3 to the accompanying financial statements, the Company started its insurance operations on February 13, 2010. The Company is in the process of transferring the insurance portfolio and
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Al Alamiya announced its financial results Part I
(Tadawul
-
22/02/2012)
1. The Net (Loss) before Zakat is SR( 83) thousand compared to a Net (Loss) before Zakat of SR (25,075) thousand for the previous period ,decreased by 99.6%. (Previous period refers to the period from 15-11-2009G to 31-12-2010 G). The Net (Loss) after
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SANAD Cooperative Insurance announced its annual financial results
(Tadawul
-
22/02/2012)
SANAD Cooperative Insurance announces its annual financial results for the period ended 31 December 2011, as detailed below: 1. Net losses for the year 2011 was SR. 27,933k (after Zakat 30,062k) compared to a loss of SR. 21,043k (after Zakat 23,546k) for
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Amana Cooperative Insurance company announced the financial results
(Tadawul
-
22/02/2012)
Amana Cooperative Insurance company announces the financial results for the period 17/05/2010 (inception date) to 31/12/2011 (18 months) as follows: 1-Total comprehensive loss for the period amounted to SAR 60,996 thousands; net loss after zakat and tax
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Al Sagr Cooperative Insurance Company announced its results
(Tadawul
-
22/02/2012)
1. Net profit before zakat for the year ended Dec 31, 2011 is 37,029 thousand riyals, compared to 24,978 thousand riyals for the previous year, an increase of 48%. Net profit after zakat for the year ended Dec 31, 2011 is 32,029 thousand riyals, compared
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IFC investing $124 million in the MEDGULF
(Gulf Daily News
-
22/02/2012)
IFC, a member of the World Bank Group, is investing up to $124 million in the Mediterranean and Gulf Insurance and Reinsurance Company (Medgulf), a leading regional insurer which has a major presence in Bahrain. The investment will help the firm extend
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Al-Ahli Takaful Company announced the annual financial results
(Tadawul
-
21/02/2012)
Al-Ahli Takaful Company announces the annual financial results for the period ended 31/12/2011 as follows: 1-The net loss before zakat and tax for the year is SAR (4.9) million compared to net loss before zakat and tax of SAR (9) million for the previous
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SIIC announced financial results for the year ending 31/12/2011
(Tadawul
-
21/02/2012)
Saudi Indian Company announces financial results for the year ending 31/12/2011 as follows: 1.Net loss (before Zakat & tax) for the year is SR 1,108 thousands as compared with the net loss (before Zakat & tax) of SR 4,000 thousands for the previous year
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Walaa announces its annual financial results
(Tadawul
-
21/02/2012)
The Saudi United Cooperative Insurance Company (Walaa) announces its annual financial results for the period ended Dec.31, 2011 as follows: 1.Net profit before zakat and income tax for the year is SR 4,578 thousand, compared to a net loss before zakat
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SALAMA announced its Financial Results for the year ended 31/12/2011
(Tadawul
-
21/02/2012)
Saudi IAIC Cooperative Insurance Company (SALAMA) announces its Financial Results for the year ended 31/12/2011 as follows: 1.Net income before Zakat is SAR 4,071 thousand compared to SAR 8,383 thousand for the previous year, decreased by 51.4%. The net
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ACE declared its reissued financial results
(Tadawul
-
21/02/2012)
Ace Arabia Cooperative Insurance Company hereby declares its reissued financial results for period ended on 31/12/2010 after receiving the approval from SAMA to transfer the portfolio of ACE Arabia Insurance and International Insurance Company and as per
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ASHIELD announces its Yearly Financial Results
(Tadawul
-
20/02/2012)
Arabian Shield Cooperative Insurance Company announces its Yearly Financial Results for the year ending 31/12/2011 as follows: 1.The net profit before Zakat and Income Tax is 16,409 thousand Saudi Riyals compared to net profit of 19,524 thousand Saudi
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SAUDIRE announces Financial Results for the year ended 31/12/2011
(Tadawul
-
20/02/2012)
The Saudi Reinsurance Company announces Financial Results for the year ended 31/12/2011 as follows: 1. Net loss for the year before Zakat and tax is SAR 34,305,879 compared to net income SAR 56,277 for the previous year. Net loss for the year after Zakat
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Malath sees 11 per cent fall in profits
(CPI Financial
-
16/02/2012)
Saudi-based Malath Cooperative Insurance and Reinsurance has posted an 11 per cent fall in profits for 2011. Earnings per share for the year was SAR 0.47, compared to SAR 0.60 for the previous year. The surplus from insurance operations excluding
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Arab Insurance rides roller coaster
(The National
-
16/02/2012)
Between protests in Tahrir Square, natural catastrophes in Saudi Arabia and roller-coaster financial markets, the Arab Insurance Group (Arig) had a tough year. The regional reinsurer posted a net loss of US$21.2 million (Dh77.8m) after claims related to
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MALATH Announces Its Annual Financial Results
(Tadawul
-
15/02/2012)
Malath cooperative insurance and reinsurance company announces its Annual Financial Results for the period ending 31/12/2011 as follows: 1. Income before Zakat for the year is SR 20,855 thousand, compared to SR 23,481 thousand for the previous year, a
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Arig's capital base remains strong
(Gulf Daily News
-
15/02/2012)
Bahrain-based Arab Insurance Group's (Arig) capital position remains strong despite huge losses seen in the global insurance industry. The shareholders' equity stands at $222.4 million at the end of 2011 from $260.1m. Catastrophe losses, mainly from Asia
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Takaful's revenues rise to $23 million
(Gulf Daily News
-
13/02/2012)
Takaful International Company achieved proportionate growth in total insurance contributions of five per cent to BD17.1 million ($45.35m) last year compared to the same period of 2010, which reached BD16.2m. The total Takaful revenues rose to BD8.7m
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QIIC Posts Net Profit of 45 million riyals in 2011
(QNA
-
08/02/2012)
Qatar Islamic Insurance Company (QIIC) has discloses the preliminary financial statements for the year ended December 31, 2011. The preliminary financials revealed a net profit of QR 45 million in 2011 versus QR 47.2 million in 2010,M QIIC said in a
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