The Central Bank of Bahrain (CBB) delighted to present the Insurance Decennial Report 2010, which is the first such report of its kind in the region, the report highlights the performance of the insurance industry in Bahrain for a ten years period from 2001-2010 and analyses the insurance (both “conventional insurance & reinsurance” and “Takaful & Retakaful” business) by class of business in the Kingdom with touching upon the origin and the historical background of the insurance market in Bahrain.
The Bahrain insurance market posted continues annual growth over the period 2001-2010, with gross premiums increase steadily at a compound annual growth rate (CAGR) of around 15% to register BD 210.5 million in Bahrain Insurance Market in 2010 compared to BD 58.6 million in 2001………………………………………Full Article: Source