Bahrain 2013

Turnover per company 2012-2013

in USD

	2012 turnover	2013 turnover	2013 shares	2012-2013 evolution
Traditional companies
Bahrain Kuwait Insurance	59 233 424	62 675 484	9.1%	5.8%
Life Ins. Corporation (International)	56 660 480	59 740 998	8.6%	5.4%
Axa Insurance (Gulf)	47 047 747	49 610 736	7.2%	5.4%
Bahrain National Insurance	39 814 325	43 947 739	6.4%	10.4%
Gulf Union Ins. & Re	37 156 500	41 371 705	6%	11.3%
Al Ahlia Insurance	29 697 614	30 519 189	4.4%	2.8%
Saudi National Insurance	30 336 871	29 722 036	4.3%	-2%
Bahrain National Life Assurance	16 323 608	17 331 390	2.5%	6.2%
United Insurance	14 058 356	16 528 887	2.4%	17.6%
Mediterranean & Gulf Ins & Re	7 705 571	7 803 004	1.1%	1.3%
Saudi Arabian Insurance	2 848 807	2 862 261	0.4%	0.5%
Legal & General Gulf	1 496 021	1 982 182	0.3%	32.5%
Total	342 379 324	364 095 611	52.7%	6.3%
Takaful companies
Takaful International	44 607 429	49 990 587	7.2%	12.1%
Solidarity General Takaful	31 244 033	34 973 081	5.1%	11.9%
T’azur Company	20 790 452	23 978 790	3.5%	15.3%
Medgulf Takaful	26 718 834	22 023 357	3.2%	-17.6%
Legal & General Gulf Takaful	12 562 335	12 069 645	1.7%	-3.9%
Chartis Takaful-Enaya	6 440 318	10 033 962	1.4%	55.8%
Total	142 363 401	153 069 422	22.1%	7.5%
Total of national companies	484 742 725	517 165 033	74.8%	6.7%
Foreign companies
Ace American Insurance	44 013 264	53 842 601	7.8%	22.3%
American Life Insurance	45 843 503	49 995 937	7.2%	9.1%
Zurich International Life	25 946 951	34 981 106	5.1%	34.8%
The New India Assurance	14 429 709	15 932 360	2.3%	10.4%
Royal & Sun Alliance Ins.	8 331 565	7 032 601	1%	-15.6%
Arabia Insurance Company	6 206 897	6 337 099	0.9%	2.1%
Zurich Insurance Company	2 371 353	3 156 512	0.5%	33.1%
Iran Insurance Company	2 201 592	2 792 710	0.4%	26.8%
Total	149 344 834	174 070 926	25.2%	16.6%
Grand total	634 087 559	691 235 959	100%	9%

Turnover per life and non life insurance 2012-2013

in USD

	2012	2013	2012-2013 evolution	2013 shares
Non life insurance
Fire	87 840 852	99 285 671	13%	14.3%
Property damage	8 249 337	10 157 013	23.1%	1.5%
Marine	15 270 558	14 322 004	-6.2%	2.1%
Aviation	3 331 565	1 939 382	-41.8%	0.3%
Motor	164 440 325	182 026 405	10.7%	26.3%
Engineering	40 286 474	47 462 702	17.8%	6.9%
Third party liability	14 647 215	16 820 463	14.8%	2.4%
Health	98 580 906	109 228 683	10.8%	15.8%
Miscellaneous accident	41 867 376	42 091 283	0.5%	6.1%
Total non life	474 514 608	523 333 606	10.3%	75.7%
Life insurance
Total life	159 572 951	167 902 353	5.2%	24.3%
Grand total	634 087 559	691 235 959	9%	100%

Turnover’s breakdown per class of business in 2013

Source: Central Bank of Bahrain (CBB)

Exchange rate BHD/USD as at 31/12	2012	2013
Exchange rate BHD/USD as at 31/12	2.65252	2.67501

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Thu, 26/03/2015 - 09:32

Bahrain 2013

Turnover per company 2012-2013

Turnover per life and non life insurance 2012-2013

Turnover’s breakdown per class of business in 2013

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