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News

26th Technical Board meeting
April 18, 2010
Manama, Bahrain

The Technical Board of the Syndicate held its 26th meeting on Sunday April 18, 2010 in the Managers “Trust Re” offices in Manama, Bahrain.

Anuar Mohd Hassan chaired the meeting and proceeded with the Agenda as prepared by the Managers.

Amongst many items on the Agenda of the meeting was; the review the draft Financial Statement for 2009 prepared by the auditors of the Syndicate “PKF Bahrain” which showed an another year of increase in Premium and Profit.

Upon  due deliberation, the Board recommended to present the 2009 draft Financial Statement to the General Assembly for approval, and further recommended the reappointment of “Trust Re” as Managers of the Syndicate for a period of four years with effect from 1/1/2011 which will also be presented to the General Assembly for their approval.

It was also decided that the next Technical Board and General Assembly meetings will be held along with FAIR 51st Executive Board in Banding, Indonesia September 29, 2010