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:
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fback-to-profits-for-arig-in-2016&text=Back+to+profits+for+Arig+in+2016
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fback-to-profits-for-arig-in-2016&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/the-world-upside-down
[4] http://www.atlas-mag.net/en/article/2015-a-disappointing-year-for-arig
[5] http://www.atlas-mag.net/en/taxonomy/term/10%2C11