24/03/2015 09:43 AST

After declaring Net Profits of US$ 15.6 million for the 2014 Financial Year, representing a 6.1% average return on the company's equity, shareholders today approved a 5% cash dividend during the company's 34th Annual General Shareholders Meeting. The dividend carries a monetary value of US$ 9.9 million.



About Arig

Arig is one of the largest Arab-owned, professional reinsurance providers in the Middle East and Africa. Arig 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), Gulf Warranties (Bahrain) and Arig Capital Ltd. (UK). 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


Press Release

Arig Reports Net Profits Of US$ 7.2 Million For 2017

14/02/2018

Arig continued to generate a positive net result of US$ 7.2 million attributable to shareholders for the year 2017 (2016: US$ 9.2 million), representing a drop of 21.7% compared to the previous year,

Press Release

Bahraini insurer plans full ownership of Takaful Re

24/07/2015

Bahrain's Arab Insurance Group (ARIG) is in discussions to take full ownership of Dubai-based Islamic reinsurer Takaful Re, as regulatory moves add pressure on firms in the overcrowded Gulf insurance

Trade Arabia

Arig's Net Profits Up For First Quarter 2015

14/05/2015

The Arig Group delivered consolidated net profits of US$ 3.5 million for the first quarter 2015 (Q1 2014: US$ 2.8 million). Earnings from the conventional reinsurance book contributed US$ 7.4 million

Press Release

Ticker Price Volume
ARIG Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 400.90 0.90 (0.22%)
FAB 16.50 -0.04 (-0.25%)
EMIRATESNBD 22.75 0.30 (1.33%)
ADCB 12.66 0.12 (0.95%)
ADIB 20.30 -0.12 (-0.59%)
Saudi healthcare group SMC raises $500m in debut IPO

26/06/2025

Specialized Medical Company (SMC), one of Saudi Arabia's leading healthcare providers, made its trading debut on the Saudi Exchange following a successful initial public offering (IPO) that raised SA

Trade Arabia

Air Arabia to resume flights to Iran, Iraq, Georgia, Armenia as regional airspace reopens

26/06/2025

Sharjah-headquartered budget carrier Air Arabia has announced the resumption of flights from its hub to various destinations across Iran, Iraq, Georgia, and other key cities, effective Tuesday, July

Gulfnews

Commercial Bank organises contractors financing workshop

26/06/2025

Commercial Bank, a leader in digital innovative solutions, recently held a joint workshop with Qatar Development Bank (QDB) represented by 'Qatar Exports', titled 'Contract Financing Workshop' to sho

The Peninsula

Borouge to set up petchem sector's first AI control room

26/06/2025

Borouge, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, is collaborating with Honeywell to conduct a proof of concept for AI-powered autonomous op

Trade Arabia

Mashreq expands global reach with new office in Turkiye

26/06/2025

Mashreq, one of the leading financial institutions in the MENA region, has announced the opening of its representative office in Turkiye, reinforcing its long-standing commitment to supporting Turkis

Trade Arabia