Through a Private Placement with sophisticated high net worth individuals, corporate and institutional investors in the UK and the GCC region. The Private Placement is expected to take place after the Company has completed …Read full article » Bahrain: Wednesday, July 04 - 2007 @ 15:30
The general insurance subsidiary of BIIH submitted its formal regulatory application, and business plan, to the UK Financial Services Authority (FSA) for authorisation to undertake general insurance business in the UK.
BIIH, in an …Read full article » Bahrain: Tuesday, June 05 - 2007 @ 08:49
This response marks a milestone for the company as it proceeds with its regulatory application and moves towards full FSA authorisation.
BIIH was formed in 2006 and raised a capital of £19m from Gulf-based institutional and …Read full article » Bahrain: Sunday, December 09 - 2007 @ 16:36
BIIH recently announced that it intends raising £80 million paid up capital by the time of launch of business in the first quarter of 2008 to meet the capital adequacy requirements associated with the business …Read full article » Bahrain: Wednesday, July 25 - 2007 @ 12:58