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SNIC INSURANCE achieve Net Profit of BD 1.07M

12 Apr 2017

For the financial year ended 31 December 2016, SNIC Insurance shown a growth in the Net Earned Premium by 18% from BD 4.77 M in 2015 comparing to BD 5.63 M in 2016 despite the Gross Written Premium reduced by 5% from BD 18.68 M comparing to BD 17.68 M in 2016. Medical, Motor and Term Life lines contributed to the main growth in the net earnings....

SNIC Insurance officially unveils its new corporate identity

15 Nov 2016

SNIC Insurance officially unveiled its new corporate identity as in the presence of His Excellency Rasheed Mohammed Al-Maraj, Governor, Central Bank of Bahrain, VIP dignitaries and SNIC’s senior management team at an exclusive launch event held at Four Seasons Hotel. The launch which witnessed the brand identity transformation, is part of SNIC...

A.M. Best Assigns "B+" Rating to SNIC

01 Sep 2016

On 15th July 2016 A.M Best awarded Saudi National Insurance Company with a financial strength rating of B+ (Good) and an issuer credit rating of "BBB-" with stable outlook assigned to both rating.