BAHRAIN, 26 April 2004 — Norwich Union, which is holding its board meeting in Manama tomorrow, has reported “excellent results’ in the Middle East with a net premium growth of 17 percent to $65 million. “Our profits for the last few years have been entirely reinvested back into the business to increase our capital resources in anticipation of promulgation of the Saudi insurance regulations,” Iain L. Reid, regional director of Norwich Union Middle East, said yesterday.