Trust Re

Trust ReDATE OF CREATION: 1989, Bahrain
CLASSES OF BUSINESS: Non life
MAIN UNDERWRITING REGIONS: Africa, Asia, Middle East and Europe
CONTACT:Head office: Trust Tower Building 125 Road 1702 Diplomatic Area 317 Manama P.O. Box:10002, Bahrain
Tel: +97 3 17 517 171
Fax: +97 3 17 531 586
Email: mail [at] trustre [dot] com
Website: www.trustre.com

Trust Re: Main indicators

in USD
 20172018trust re indicators
Turnover533 397 000458 789 000
Shareholder’s equity452 287 000384 939 000
Net result5 395 000-48 884 000

Trust Re: Technical ratios

 20172018
Loss ratio69%73%
Management expenses ratio33.8%27.4%
Combined ratio102.8%100.4%

Trust Re: Capital and shareholding

ShareholdersIn %
Netinvestsments (Holdings)99.11%
Ghazi Kamel Abunahl0.89%
trust re shareholding

Trust Re: Management

Kamel AbuNahlChairman of the board
Tala Al ZainChief executive officer (CEO)
Kamal TabajaChief operating officer (COO)
Mohsin AltafChief finance officer (CFO)
Marios ArgyrouChief risk officer

Trust Re: Regional structure

LimassolCyprus
Kuala LumpurMalaysia
CasablancaMorocco
BangaloreIndia

This portrait refers to the years 2017 and 2018 only. In 2019, Trust Re, on the orders of the supervisory authorities, began a complete overhaul of its governance structures and modes.


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