Bahrain: Higher claims lower BNH profits by 30% in 2012
Source: Middle East Insurance Review | Apr 2013
Bahrain National Holding Company (BNH) achieved a net profit of BHD2.33 million (US$6.2 million) last year, down 30.3% y-o-y, primarily due to higher claims and a slight increase in operational costs. Gross premiums dipped 6.4% y-o-y to BHD23.3 million in 2012.
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