Bahrain’s insurance market posted an annual growth in 2011, with gross premiums of BD214.94 million, up by around two per cent. Total assets of insurance and takaful firms in 2011 stood at BD1.46 billion compared to BD1.36bn in 2010, showing an increase of almost 8pc.
By end of 2011, Bahrain’s domestic insurance market comprised 27 locally incorporated firms and 11 overseas insurance companies. Locally incorporated firms consist of 14 conventional insurance and seven takaful firms…………………………………………Full Article: Source