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.
Bahrain-headquartered Trust Re has officially been accredited as an International Professional Partner Firm (IPPF) by the Chartered Insurance Institute (CII).
Bahrain-based reinsurer Hannover ReTakaful's (HRT) war-related exposures are either highly reinsured or subject to war exclusions, and should therefore be manageable, even though it is too early to assess the potential impact of the conflict on HRT's business, says S&P Global Ratings (S&P).
Bahrain and the United Arab Emirates have joined 20 other countries in expressing readiness to help secure shipping through the vital waterway, the Strait of Hormuz, the UAE's Foreign Ministry has said.
Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
Global trade credit insurance company, Atradius, says that Qatar is the country among the six GCC states that is most exposed to the on-going military escalation in the Middle East.
The Arab War Risk Insurance Syndicate (AWRIS) has announced the reinstatement of Cargo War cover for shipments transiting high-risk maritime corridors, including the Strait of Hormuz, the Arab Sea, and Bab Al Mandeb.