Bahrain: Rise in accidents affect BKIC's profit
Source: Middle East Insurance Review | Mar 2014
Bahrain Kuwait Insurance Company (BKIC) achieved a net profit of BHD3.7 million (US$9.8 million) in 2013, down 11.9% y-o-y, as a result of increased losses due to the high rate of motor accidents. Fire and general accidents also recorded a few large losses.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.