Arig delivers profit, Takaful Re posts losses
Arig Group delivered consolidated net profits of USD18.6 million on its 2013 financial year. Arig, including its corporate member at Lloyd's, contributed USD23 million to profits whereas its subsidiary, Takaful Re, turned in a loss of USD4.4 million. Reinsurance operations produced underwriting returns of USD13.4 million for 2013, with Arig contributing USD18.7 million to this […]
