solidarity bahrain b.s.c. (“sb”), a · solidarity group holding b.s.c (closed) the largest...

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Page 1: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million
Page 2: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

Solidarity Bahrain B.S.C. (“SB”), a subsidiary of Solidarity Group Holding B.S.C (closed) incorporated under the laws and regulations of the Kingdom of Bahrain.

With an authorized capital of BD12 million and a paid up capital of BD11.2 million, the company provides a wide range of sharia’h compliant protection products through high quality customer services delivered by well trained and dedicated staff attentive to the needs of personal and corporate policyholders.

SB being an Islamic financial institution has strong internal governance by the Sharia Board who ensures that business is practiced in a fair, transparent manner with its stakeholders.

Being rated by A.M. Best, reflects our solid risk-adjusted capitalization, diversified business profile in the country’s insurance market, and consistently favourable investmentperformance.

WHO WE ARE

Page 3: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million and a paid up capital of $185 million. Since its establishment in 2003, the Group oversees and supports its various subsidiaries, associates and joint ventures.

In December 2017 the Group has completed the merger between its two subsidiaries Solidarity General Takaful B.S.C. (closed) and Al Ahlia Insurance Company B.S.C. which resulted in the birth of Solidarity Bahrain, the largest Takaful company in the Kingdom of Bahrain.

The group also has presence in Jordan, Saudi Arabia and Luxembourg giving it footprint across these region.

COVERING YOUEVERYWHERE

Page 4: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

“Customer service is the experience we deliver to our customers. It’s the promise we keep to the customers. It is how we make them feel when they do business with us”

ALWAYSBY YOUR SIDE

Page 5: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

PLANNING FOR ABETTER FUTURE

PERSONAL PRODUCTS Motor insurance Home insurance Medical insurance Travel insurance Personal Accident insurance Pleasure Craft Insurance Decreasing Term Assurance

Page 6: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

CORPORATE PRODUCTS PROPERTY Fire and Perils insurance Property All Risks insurance Business Interruption insurance Sabotage & Terrorism insurance

ENGINEERING Contractors All Risk (CAR) insurance Erection All Risks (EAR) insurance Machinery Breakdown insurance Electronic Equipment insurance Deterioration of Stock insurance

GENERAL ACCIDENT Money insurance Fidelity insurance Bankers Blanket insurance Group Personal Accident insurance LIABILITY Public Liability insurance WC and employers Liability insurance Professional Indemnity insurance Directors & Officers Liability insurance

MARINE Marine Cargo insurance

MEDICAL & LIFE Medical insurance Group Life assurance

PROTECTINGTHE BUSINESS

We work with you to develop insurance solutions to suit your specific needs, and will give you the most competitive and comprehensive covers across major products as highlighted.

Page 7: Solidarity Bahrain B.S.C. (“SB”), a · Solidarity Group Holding B.S.C (closed) the largest Takaful Group in the world “The Group”, has an authorised capital of $500 million

Version 2018.01