Business Weekly

BNH registers $2.4 million profit in first quarter

May 19 - 25, 2010
367 views

Bahrain National Holding Company (BNH), the parent company of bni and BNL, registering a net profit of BD0.9 million ($2.4 million) for the first quarter in 2010,

Total gross written premiums for the period were BD6.7 million ($17.7 million), reporting net earned premiums of BD3.3 million (US$ 8.7 million).

Mahmood Al Soufi, CEO of BNH, pictured left, said: "It was a difficult period for underwriting with a large number of claims in Q1 but we anticipate an improvement in Q2."







More on Business Weekly