Top 5 insurance companies in Bahrain: ranking 2020

Figures in thousands
RankCompanies2020 turnover2019 turnover2019-2020 evolution (1)2020 shares
BHDUSDBHDUSD
1
GIG Bahrain
85 430225 35881 656215 2904.62%28.42%
2
Bahrain National Holding
36 70096 81233 80489 1268.57%12.21%
3
Solidarity Bahrain
30 20479 67630 85281 343-2.10%10.05%
4
GIG Takaful International
22 85960 30021 72157 2695.24%7.60%
5
SNIC Insurance
9 90326 12310 38927 391-4.68%3.29%
Total top 5 insurers185 096488 269178 422470 4193.74%61.57%
Rest of the market (2)115 518304 731108 933287 2076.05%38.43%
Grand total (3)300 614793 000287 355757 6264.61%100.00%

(1) Evolution in local currency
(2) 31 companies
(3) Source: Sigma for 2020 turnovers
Exchange rate as at 31/12/2020 : 1 BHD = 2.63793 USD ; 31/12/2019 : 1 BHD = 2.63655 USD

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