Al-Ahlia Insurance recorded a 7.1 percent net profit increase in 1H 2002
Bahrain’s Al-Ahlia Insurance Company recorded a 7.1 percent net profit decrease in the first half of 2002, reaching 241,482 Bahraini dinars compared to BD 260,075 in 2001. The company’s gross premiums increased from BD 1.7 million to BD 2.9 million during the same period, translating into a 68 percent increase compared to the same period in 2001.
Established in 1976, Al-Ahlia is a public shareholding company that supplies insurance and reinsurance of all types with the exception of life insurance. — (menareport.com)
© 2002 Mena Report (www.menareport.com)