Arab Insurance Group (B.S.C.) · Manama Bahrain ·(Bahrain: ARIG)
Company Description
Phone: +973-17-544-444
Fax: +973-17-531-155
View Arab Insurance Group (B.S.C.) Locations On A US Map
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This link will open in a new window Arab Insurance Group (ARIG) does what its name implies: it provides insurance and reinsurance to companies operating in the Arabian Peninsula and elsewhere in the Middle East. (It touts itself as the top reinsurer in the Arab world.) ARIG also offers companies a variety of financial services -- including investment management, risk assessment, and actuarial services -- as well as specialized insurance software. The company has operations in Bahrain, Jordan, Morocco, Tunisia, Singapore, and the United Arab Emirates. It has announced plans to sell its minority interest in Egypt-based Arab Misr Insurance Group to Kuwait-based Gulf Insurance Company. To read the full description, subscribe now.
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Key Arab Insurance Group (B.S.C.) Financials
| Company Type | Public - Bahrain: ARIG Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $245.9 |
| Employees | 220 |
Arab Insurance Group (B.S.C.) Executives
10 executives listed for Arab Insurance Group (B.S.C.)'s Manama, location.
| Title | Name & Bio | Contact |
| Chairman | Khalid Al Bustani | Network |
| Vice Chairman | Khalid Bin Kalban | Network |
| CEO | Yassir Albaharna | Network |
Competition
Competitive Landscape for Arab Insurance Group (B.S.C.)
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Arab Insurance Group (B.S.C.) Competitors
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