News Middle East19 May 2019

Bahrain:Arig improves performance in 1Q, makes decision on underwriting

| 19 May 2019

Reinsurer Arab Insurance Group (Arig) has posted consolidated net profits of $1.8m attributable to shareholders for the first quarter 2019 from $ 0.5m for the corresponding quarter in 2018. Despite the improved performance, the board of directors announced that Arig would cease underwriting activities.

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