Back to profits for Arig in 2016

Arig returned to profits in 2016. The Bahraini reinsurer generated a profit of 9.2 million USD against a loss of 4.4 million USD in 2015. The turnover for the same period achieved 245.4 million USD, up by 12% from the previous year.

As for combined ratio, it improved to 96.8%. The Group's shareholders' equity amounted to 256.6 million USD.

Read also:

• Bahrain: 2015, a disappointing year for Arig
• Insurance news from the Middle East