Attracting and retaining high-quality insurance talent requires a deliberate and long-term approach in Bahrain because the kingdom's (re)insurance market is "relatively small and specialised", according to Mr Mahmood Waheed, Head of Reinsurance at Patrick York Ireland Insurance & Reinsurance Brokers (Bahrain).
Insurance brokers in Bahrain are increasingly integrating digital solutions into their operating models, according to Mr Mahmood Waheed, Head of Reinsurance at Manama-based Patrick York Ireland Insurance & Reinsurance Brokers.
The Bahrain Insurance Association (BIA) has appointed Mr Ali Noor as its new General Manager, effective 1 January 2026.
Bahrain Kuwait Insurance Company (BKIC), also known as GIG Bahrain, has announced the promotion of Mr Mohamed Salah AlMeraj to the position of General Manager - Bahrain Operations, with effect from 1 January 2026.
The Central Bank of Bahrain (CBB) has granted KFH Takaful Insurance Company a licence to provide insurance services in Bahrain.
The combined net profit of 75 listed GCC insurers remained steady at $1.7bn in the first nine months of this year (9M2025), with mirroring trends from the first half of the year, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.
Gulf Insurance Group (Gulf) [GIG Gulf)] has demonstrated improvement in its underwriting results over the first six months of 2025, due to the company focusing on higher margin products and exiting from poorly performing business, AM Best says. The insurer's combined ratio is expected to return to a good level in the coming years.
Solidarity Bahrain, a subsidiary of Solidarity Group Holding, has completed the transfer of shares of Bahrain National Insurance Co (BNI) from the parent company.
Bahrain Kuwait Insurance Company (GIG Bahrain) has a track record of strong operating performance, generating in 2024 a return on equity of 11.6% and a net-net combined ratio of 96.5% (both as calculated by AM Best).
MADA Insurance and Reinsurance Brokers has appointed Mrs Eman Mojali as CEO, according to news platform News of Bahrain.