Top 10 insurance companies in Bahrain: Ranking 2019
In thousands
| Rank | Companies | Turnover 2019 | Turnover 2018 | 2018-2019 evolution * | 2019 shares | |||
|---|---|---|---|---|---|---|---|---|
| 2019 | 2018 | BHD | USD | BHD | USD | |||
| 1 | 1 | GIG Bahrain | 81 656 | 215 290 | 81 610 | 215 746 | 0.06% | 28.42% |
| 2 | 2 | Bahrain National Holding | 33 804 | 89 126 | 33 581 | 88 775 | 0.66% | 11.76% |
| 3 | 3 | Solidarity Bahrain | 30 852 | 81 343 | 30 072 | 79 499 | 2.59% | 10.74% |
| 4 | 4 | GIG Takaful International | 21 721 | 57 269 | 22 034 | 58 249 | -1.42% | 7.56% |
| 5 | 5 | T'azur | 19 082 | 50 310 | 17 173 | 45 400 | 11.12% | 6.64% |
| 6 | 6 | Medgulf Takaful | 15 702 | 41 400 | 15 660 | 41 400 | 0.27% | 5.46% |
| 7 | 7 | Gulf Union | 14 982 | 39 500 | 14 753 | 39 000 | 1.55% | 5.21% |
| 8 | 8 | SNIC Insurance | 10 389 | 27 391 | 10 288 | 27 198 | 0.98% | 3.62% |
| 9 | 9 | United Insurance | 9 615 | 25 350 | 9 120 | 24 110 | 5.43% | 3.35% |
| 10 | 10 | Al Hilal life | 8 951 | 23 600 | 8 723 | 23 060 | 2.61% | 3.11% |
| Total of the top 10 companies | 246 754 | 650 579 | 243 014 | 642 437 | 1.54% | 85.87% | ||
| Rest of market ** | 40 601 | 107 047 | 41 010 | 108 415 | -1.00% | 14.13% | ||
| Grand total | 287 355 | 757 626 | 284 024 | 750 852 | 1.17% | 100% | ||
* Evolution in local currency
** 13 companies
Sources: CBB, Insurance Market Review 2019, Companies reports 2019 and Al Bayan Economic
Exchange rate as at 31/12/2019 : 1 BHD = 2,63655 USD; as at 31/12/2018 1 BHD = 2,64362 USD
Read also | Bahraini insurance market
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