Chubb Arabia to withhold dividend for FY 2017

25/07/2018 Argaam

Chubb Arabia’s Cooperative Insurance Co.’s general assembly has approved withholding cash dividend for the fiscal year 2017.

 

The decision is aimed to supports the company’s future business activities and maintain solvency margin.

 

Shareholders also elected board members for the new three-year term starting on July 25, 2018.

 

The new board includes Nabil Jokhadar, Stephen Brian Dixon, Mohammed Al Khereiji, Serge Osouf, Abdul Aziz Al Khereiji, Giles Richard Ward, Christian Raymond Henry Moines, Hisham Al Khereiji and Wahdan Al Kadi.

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