 | DATE 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| | 2017 | 2018 |  |
| Turnover | 533 397 000 | 458 789 000 |
| Shareholder’s equity | 452 287 000 | 384 939 000 |
| Net result | 5 395 000 | -48 884 000 |
Trust Re: Technical ratios
| | 2017 | 2018 |
| Loss ratio | 69% | 73% |
| Management expenses ratio | 33.8% | 27.4% |
| Combined ratio | 102.8% | 100.4% |
Trust Re: Capital and shareholding
| Shareholders | In % |
| Netinvestsments (Holdings) | 99.11% |
| Ghazi Kamel Abunahl | 0.89% |
|
Trust Re: Management
| Kamel AbuNahl | Chairman of the board |
| Tala Al Zain | Chief executive officer (CEO) |
| Kamal Tabaja | Chief operating officer (COO) |
| Mohsin Altaf | Chief finance officer (CFO) |
| Marios Argyrou | Chief risk officer |
Trust Re: Regional structure
| Limassol | Cyprus |
| Kuala Lumpur | Malaysia |
| Casablanca | Morocco |
| Bangalore | India |
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.
