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Bahrain Kuwait Insurance Company doubles its share capital

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Magazine Issue: 
Reinsurers back to the wall [3]
Magazine date: 
Nov 2017

The board of directors of Bahrain Kuwait Insurance Company (BKIC) approved on December 9, 2017, the increase of the company's capital.

Upon recommendation of the members of the executive board, the authorized share capital will increase from 10 million BHD (26.6 million USD) to 20 million BHD (53.2 million USD).

The paid up capital will, in turn, be increased to 14.3 million BHD (38 million USD) against 7.15 million BHD (19 million USD) currently.

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Fri, 15/12/2017 - 08:26

Source URL: https://www.atlas-mag.net/en/article/bahrain-kuwait-insurance-company-doubles-its-share-capital

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[3] https://www.atlas-mag.net/en/issue/reinsurers-back-to-the-wall
[4] http://www.atlas-mag.net/en/category/pays/Bahrein