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Islamic Finance Briefing - Categorized | Insurance (Takaful), Performance more

Bahrain insurance posts solid Q3 growth

Posted on 29 January 2013

Bahrain insurance market registered solid growth during the third quarter of 2012, with its gross premiums increasing to BD184.11 million ($480.6 million) by the end of September 2012, up 9 per cent over the same period a year ago.
Announcing this on Tuesday, the Central Bank of Bahrain (CBB) attributed a significant part of the increase to a surge in long-term insurance (Life & Savings Products), registering around 17 per cent increase in gross premiums to reach BD42.34 million in September 2012 compared to BD36.06 million the previous year, representing almost 23 per cent of the gross premiums written in September 2012………………………………………..Full Article: Source

 
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