29-03-2016 19:46 via insuranceinsider.com

Trust Re achieves top and bottom line growth

Bahrain-headquartered Trust Re has announced that group profits
doubled to $30.8mn in full-year 2015 from $15.4mn in 2014.
The carrier said the growth was primarily due to very strong
non-technical income, in particular a one-off realised gain on the
sale of shares during the first half of the year.
Net underwriting profits were up 49.6 percent to $17.5mn,
largely as a result of a more favourable loss experience compared
to the previous year.
Gross written premiums also rose by 5.1...
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