Arig to cease its activity

The board of directors of Arab Insurance Group (Arig) has decided to cease its underwriting activities. This decision is yet to be approved by the Bahraini authorities.

Founded in 1980, Arig’s shareholders involve the Emirati, Libyan and Kuwaiti governments along with other private investors. In 2018, the company recorded a turnover of 262.7 million USD, compared to 225.6 million USD in 2017.

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