1st Quarter Results
ARIG set for turnaround in 2002 Manama Already in 2001 the Group was geared towards a break-even result until the terrorist attacks of September 11th triggered the largest insurance claim the international insurance industry has ever experienced. The direct and indirect consequences of these attacks affected ARIG as well and caused a temporary setback to realising its objectives. The improved performance has come about in a reinsurance market that is experiencing strong hardening tendencies in all lines of business. ARIG has successfully and completely exited the unprofitable aviation