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SNIC INSURANCE POSTS NET PROFIT OF BD 1.4 MILLION FOR 2019

01 Apr 2020

SNIC Insurance (SNIC), a leading Bahrain-domiciled insurance company, announced today its financial results for the year ended 31 December 2019.

The Company reported a fivefold increase in net profit for 2019 to BD 1.43 million compared with a net loss of BD 0.35million for the previous year, resulting primarily from an improved techni...

SNIC Insurance Celebrates the 8th Time Attack Event

23 Feb 2020

On the 8th of February 2020 SNIC Insurance sponsored the “Time Attack Event 2020” for the third year, Being the exclusive insurance provider for Porsche club Bahrain, SNIC designed an exclusive insurance policy for Porsche club members to protect and empower club members participants for the exciting event.  The race was hosted by ...

SNIC Insurance embraces digital transformation and adopts TAM Dinar for cashless payments

22 Jan 2020

SNIC Insurance has gone cashless and started accepting TAM Dinar as an alternative to cash. This is in line with the company’s overall strategy to embrace digital transformation and go cashless. TAM Dinar, which is a cashless payment solution launched in 2016 in Bahrain by Payment International Enterprise’s (PIE), has over 30 entities curren...