Logo ofMediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)
The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) said its accumulated losses decreased to 0% of its share capital on June 29, according to a statement to Tadawul. 
The company undertook the necessary regulatory procedures, including obtaining the approval of the extraordinary general meeting (EGM), to utilize a portion of the share premium to fully offset the accumulated losses.
Click to view the external auditor’s report to view the company’s absorption of accumulated losses
Logo ofMediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF)
The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) said its accumulated losses decreased to 0% of its share capital on June 29, according to a statement to Tadawul.
The company undertook the necessary regulatory procedures, including obtaining the approval of the extraordinary general meeting (EGM), to utilize a portion of the share premium to fully offset the accumulated losses.
Click to view the external auditor’s report to view the company’s absorption of accumulated losses
