Bahrain: Arab Insurance Group (B.S.C.) (Arig) held its 37th Ordinary General Assembly Meeting (AGM) along with the Extraordinary General Assembly Meeting (EGM) on Sunday, 25 March 2018 at its Head Office in Manama, Kingdom of Bahrain.
During the AGM, shareholders approved Arig’s Financial Statements for the year 2017 as well as the Board of Directors’ recommendation to appropriate the net profits to Legal Reserve and Retained Earnings.
At the EGM, shareholders approved the restatement of the Memorandum and Articles of Association of the Company to comply with the regulatory requirements.
Arig is one of the largest Arab-owned, professional reinsurance providers in the Middle East and Africa. The Group is listed on the stock exchanges in Bahrain and Dubai and offers a wide range of reinsurance products and services. Arig’s subsidiaries include Takaful Re (Dubai) – currently in run-off, Gulf Warranties (Bahrain), Arig Capital Ltd. (UK) and Arig Insurance Management (DIFC) Limited. Additional information about Arig can be obtained at www.arig.net
Arab Insurance Group (B.S.C.) is a reinsurance firm regulated by the Central Bank of Bahrain.
For further information, please contact Amel Dardour, Corporate Communications,
Tel: +973 17 544 357, Fax: +973 17 531 155, or email: email@example.com