Bahrain: Solidarity completes acquisition of Al Hilal Life and Al Hilal Takaful

Published on August 1, 2024
Solidarity Bahrain, a leading insurer in the kingdom, has announced that it has successfully completed the merger of Al Hilal Life and its subsidiary Al Hilal Takaful following regulatory approvals
Continue reading on website
Other news

UAE: 26 listed insurers report combined increase in 1H pre-tax profit despite April storm damage

August 1, 2024
The combined profit before tax of 26 listed insurance companies in the UAE grew by 7% to AED1,044m ($284m) in 1H2024 from AED975m in 1H2023, according to Badri Management Consultancy, an

Saudi Arabia: Gulf Union Al Ahlia and Gulf General explore likely merger

August 1, 2024
Gulf Union Al Ahlia Cooperative Insurance Company signed a non-binding Memorandum of Understanding (MOU) with Gulf General Cooperative Insurance Company 7 August 2024 to evaluate a potential merger