The Gulf Union Insurance Group

About The Gulf Union Insurance Group

The company was established on November 9, 1982 as an offshore exempt private shareholding company in Bahrain. Share capital consisting of 200,000 shares issues at USD 75 par value, amounted to USD 15 million. Shareholders equity as at December 31,2003 stands at USD 26.76 million. During the past 20 years, the Group gross premiums increased eleven folds from SR 22 million in 1983 to SR 242 million in 2003. It is one of the leading companies in that market, and offers a variety of commercial and personal; products. The companys main office is in Manama, Kingdom of bahrain and there are branches in Dammam, Riyadh and Jeddah.