Trust Re, quarterly results

Trust Re has reported a net profit of 7.2 million USD in the 1st quarter of 2014, an increase of 53.2% compared to 2013.

Over the same period, the Bahraini reinsurer has recorded gross written premiums of 195 million USD (+23%), thus generating a net underwriting profit increased by 36.4% to 4.5 million USD.

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