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Solidarity Bahrain B.S.C (Bahrain)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Solidarity Bahrain B.S.C Profile Updated: March 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Al Ahlia Insurance Company B.S.C. is a public joint stock company registered in the Kingdom of Bahrain under Commercial Registration number 5091 and is licensed to carry out insurance and reinsurance of all risks except life insurance. The company was suspended from trading on the Bahrain Stock Exchange. The company is engaged in provision of a range of general insurance products and services. In addition to standard personal products such as automobile, home, life, liability, the company offers access to its clients to design their own insurance requirements from the wider range of personal products available. The Company's activities cover two main insurance segments: Individual and Family and Commercial and Corporate.

Headquarters
7 Th Floor - Seef Tower, Flat 71, Building 2080, Road 2825, Block 428, Po Box 5282
Manama; Manama;

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Website: http://www.solidarity.com.bh

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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24.21%
Company Performance
Financial values in the chart are available after Solidarity Bahrain B.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BHD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
85.4%
Operating profit (EBIT)
57.5%
Net Profit (Loss) for the Period
57.5%
Total assets
68.52%
Investments
394.26%
Receivables
75.12%
Total equity
28.69%
Return on Equity (ROE)
2.55%
Loss Ratio
-8.51%
Underwriting Expenses Ratio
-11.18%

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