Sukoon Insurance, among the biggest insurers in the UAE, and its subsidiary Sukoon Takaful, have formed a strategic partnership with Arab Bank for Investment & Foreign Trade (also known as Al Masraf) to make protection solutions more accessible across the UAE.
The Central Bank of Bahrain (CBB) has granted AU Group Bahrain a licence to operate as an insurance broker according to local media reports.
Bahrain Kuwait Insurance Company (BKIC) has a track record of strong operating performance, notes AM Best.
The number of speeding violations by motorists has fallen by two-thirds over the four years to 2025, according to data from the General Directorate of Traffic. For every three speeding violations recorded in 2021, only one was recorded in 2025.
Arab Insurance Group (Arig) has announced that it had received notification of a non-binding letter of intent for the acquisition of a 51% stake in its issued and fully paid-up ordinary shares.
Solidarity Bahrain, among the largest insurance providers in Bahrain, has signed an agreement with the Supreme Council for Health (SCH) to implement the Health Insurance for Residents programme.
Takaful International, the first Islamic insurance company in Bahrain, has reported a net profit attributable to the shareholders after tax of BHD736,000 ($1.95m) for the six months ended 30 June 2026.
The total population of the Gulf Cooperation Council (GCC) countries is estimated at 62.8m in 2025, with an average annual growth of 3.5%, according to the GCC Statistical Centre (GCC-Stat). GCC states accounted for around 0.8% of the world's population.
The Arab War Risks Insurance Syndicate (AWRIS) delivered strong financial performance for 2025, with net premiums rising by 22.4% and net profit increasing by 20.6% compared with the previous year.
The operating performance of Bahrain-based Life Insurance Corporation (International) [LICI] is adequate, albeit subject to some volatility, primarily due to movements in interest rates, says AM Best.