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FINANCIAL NEWS
Insurance sector in Bahrain remains steady
09 Nov 2016
(MENAFN) Bahrain’s local insurance sector amounted to USD721.72mn in 2015, compared to USD726.66mn in 2014.
Additionally, the growth in business from the previous year has been strongest for medical insurance at 11pct followed by motor insurance at 4 percent.
On the other hand, medical insurance, which grew from BD47.89mn in 2014 to BD53.39mn in 2015, showed a growth of 11 percent.
Moreover, the Takaful industry in the country showed an increase in terms of gross contributions of 3 percent to record BD63.22mn in 2015.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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