Tuesday 24 April 2018

Trust Re operations unaffected by unrest

Manama, April 7, 2011

Bahrain-based reinsurance company Trust Re was not affected from the recent unrest in the kingdom, it was revealed.

Speaking at the company's first quarterly board meeting and annual general meeting, chairman Kamel Abunahl said that the meetings had been held in Bahrain and attracted non-executive directors, who travelled to the kingdom from London, Cyprus and Qatar.

'Holding the meeting in our headquarters in Bahrain assures our clients and business associates that our business has not been affected during recent weeks,' he said.

He said the board meeting carried out a complete review of the financial results during the first quarter of 2011, and an overview of future plans were discussed and agreed upon.

'Our operations have not been interrupted,' said chief executive Fadi Abunahl.

'We made sure our employees and their families are safe, and we made proper arrangements for our staff to carry on their duties and communicate with our clients in Asia and Africa without interruption,' he said.

Trust Re is headquartered in Bahrain with branches and marketing offices in Texas, Kuala Lumpur and Cyprus.-TradeArabia News Service

Tags: Bahrain | investment | Reinsurance | finance | unrest | protests | Trust Re |

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