Monday 5 December 2016
 
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SNIC

Saudi insurance firm unveils new corporate identity

Saudi National Insurance Company (SNIC), has launched its new corporate brand identity as ‘SNIC Insurance’, reported the Gulf Daily News, our sister publication. To read further, please visit

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SNIC H1 net profit rises 29 per cent

Bahrain-based insurer Saudi National Insurance Company (SNIC) has posted 29 per cent increase in net profit to BD291,000 ($766,600) for the first half of the year as against BD225,000 for the same period last year, reported the Gulf Daily Ne

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S&P affirms SNIC ratings

Standard & Poor’s (S&P) has affirmed its ‘BBB’ insurer financial strength and counterparty credit ratings for Bahrain-based Saudi National Insurance Company (SNIC) while the outlook was revised from stable to negative,

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SNIC reports 33pc premium growth

Bahrain-based Saudi National Insurance Company (SNIC) has reported 33 per cent increase in gross written premium (GWP) at BD18.68 million ($49.2 million) for the year ended December 31 when compared with BD14.09 million for the previous year,

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SNIC’s gross written premium rises 38pc to $40m

Saudi National Insurance Company (SNIC) has reported a 38 per cent increase in gross written premium at BD15.42 million ($40.88 million) for the first six months of the year, compared with BD11.2 million for the same period last year. In line

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SNIC gets credit ratings, outlook boost

Bahrain-based Saudi National Insurance Company (SNIC) has had its insurer financial strength and counterparty credit ratings affirmed as ‘BBB’ and outlook as ‘stable’ by Standard & Poor’s. The age

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SNIC-Copart in key deal to process salvaged vehicles

The Saudi National Insurance Company (SNIC) has entered into a key agreement with Copart Bahrain.
 The agreement aims to raise the efficiency of the marketing process of salvaged vehicles resulting from the settlement of total los

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SNIC premiums register 23pc growth

Bahrain-based Saudi National Insurance Company (SNIC) has reported a growth of 23 per cent in gross written premium at BD11.2 million ($29.70 million) for the first six months of the year when compared with BD9.1 million ($24.1 million) for the

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SNIC renews Bahrain Airport Company contract

Saudi National Insurance Company (SNIC) has renewed its contract with Bahrain Airport Company (BAC) for the second consecutive year. Under the contract, the medical and life insurance scheme for BAC staff has been extended for ano

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SNIC premiums surge to $24m in H1

Bahrain operations helped Saudi National Insurance Company (SNIC) increase its premiums to BD9.1 million ($24.3 million) for the first half of this year in comparison to BD8.7 million for the same period last year, said a top official.

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