Bahrain 2010

2010 Turnover

in thousands USD
 TO* 2009TO* 20102009/10 growth2010 market
shares
Conventional companies
Bahrain Kuwait Insurance
64 64161 014-5.61%10.88%
Life Ins. Corporation (International)
56 03058 0653.63%10.36%
Bahrain National Insurance
46 58642 212-9.38%7.53%
Axa Insurance (Gulf)
31 79138 04619.67%6.78%
Gulf Union Ins. &  Re
31 87034 7439.01%6.2%
Al Ahlia Insurance
35 79630 614-14.47%5.46%
Saudi National Insurance
6 60229 042339.89%5.18%
United Insurance
13 84814 6275.62%2.6%
Bahrain National Life Assurance
12 58413 1064.14%2.34%
Mediterranean & Gulf Ins & Re
6 4427 60518.05%1.36%
Saudi Arabian Insurance1
-2 493-0.44%
Legal & General Gulf
14 329432-96.98%0.08%
Trade Union Insurance2
1 192---
Total
321 711 331 999 3.19% 59.21%
Takaful companies
Takaful International
38 01040 0845.45%7.15%
Solidarity General Takaful
20 73419 199-7.4%3.42%
T'azur Company
2 55515 040488.64%2.68%
Allianz Takaful
8 28114 21271.62%2.54%
Solidarity Family Takaful
14 22310 629-25.26%1.9%
Chartis Takaful-Enaya3
3 1213 2795.06%0.58%
Legal & General Gulf Takaful
-250-0.04%
Total
86 924 102 693 18.14% 18.31%
Total of national companies
408 635 434 692 6.37% 77.52%
Foreign companies
American Life Insurance
42 45642 007-1.05%7.49%
Ace American Insurance
23 00429 68929.06%5.3%
Zurich International Life
30 59328 632-6.41%5.11%
New India Assurance
10 45111 3358.45%2.02%
Royal &  Sun Alliance Ins.
7 4295 714-23.08%1.02%
Arabia Insurance Company
4 9815 58612.14%1%
Iran Insurance Company
3 3453 053-8.73%0.54%
Al-Nisr Insurance1
2 794---
Total
125 053 126 016 0.77% 22.48%
Grand total
533 688560 7085.06%100%
* Turnover 1 Saudi Arabian acquired Al Nisr Insurance in 2010 2 Under liquidation 3 AIG Takaful-Enaya was renamed Chartis Takaful-Enaya in 2009

Turnover per company and per class of business in 2010

in thousands USD
 Property damage1MarineMotorHealthOther risksNon life
total
LifeGrand total
Conventional companies
Bahrain Kuwait Insurance
27 6035 50613 5864 02810 29161 014-61 014
Life Ins. Corporation (International)
----- 58 06458 064
Bahrain National Insurance
7 0753 57525 989-5 57342 212-42 212
Axa Insurance (Gulf)
7 0762 74913 3278 4456 44938 046-38 046
Gulf Union Ins. &  Re
5 4271 24423 8773 34385234 743-34 743
Al Ahlia Insurance
2 4853 3819 6019 3805 76730 614-30 614
Saudi National Insurance
14 548481 0076 5396 90029 042-29 042
United Insurance
--14 627--14 627-14 627
Bahrain National Life Assurance
---8 389-8 3894 71813 107
Mediterranean & Gulf Ins & Re
157215 5601 6941737605-7 605
Saudi Arabian Insurance2
61-2 419-132493-2 493
Legal & General Gulf
----- 432432
Total
64 43216 524109 99341 81836 018268 78563 214331 999
Takaful companies
Takaful International
5 9931 93612 39812 6463 55636 5293 55440 083
Solidarity General Takaful
6 8574808 977-2 88519 199-19 199
T'azur Company
1 081855 2837 15755414 16087915 039
Allianz Takaful
1 0807061 5425 1978399 3644 84814 212
Solidarity Family Takaful
---4 284-4 2846 34610 630
Chartis Takaful-Enaya3
959173639-1 5083 279-3 279
Legal & General Gulf Takaful
-----0251251
Total
15 9703 38028 83929 2849 34286 81515 878102 693
Total of national companies
80 40219 904138 83271 10245 360355 60079 092434 692
Foreign companies
American Life Insurance
---13 288 13 28828 71942 007
Ace American Insurance
8 09088--21 51129 689-29 689
Zurich International Life
----- 28 63228 632
New India Assurance
4 7509803 719-1 88611 335-11 335
Royal &  Sun Alliance Ins.
1 0202193 785486425 714-5 714
Arabia Insurance Company
4371734 08415137652213655 586
Iran Insurance Company
285482 667-533 053-3 053
Total
14 582150814 25513 48724 46868 30057 716126 016
Grand total
94 98421 412153 08784 58969 828423 900136 808560 708
1 Including fire, engineering and third party liability 2 Saudi Arabian acquired Al Nisr Insurance in 2010 3 AIG Takaful-Enaya was renamed Chartis Takaful-Enaya in 2009
Exchange rate
BHD/USD as at 31/12
2009
2010
2.66099
2.66390
0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits