Top 10 insurance companies in Bahrain: Ranking 2018
In thousands
Rank | Insurance companies | 2018 turnover | 2017 turnover | 2017-2018 Evolution* | 2018 market shares | |||
---|---|---|---|---|---|---|---|---|
2018 | 2017 | BHD | USD | BHD | USD | |||
1 | 1 | Bahrain Kuwait Insurance | 81 610 | 215 746 | 59 507 | 157 168 | 37.14% | 28.73% |
2 | 2 | Bahrain National Holding | 33 581 | 88 775 | 28 887 | 76 296 | 16.25% | 11.82% |
3 | 5 | Solidarity Bahrain | 30 072 | 79 499 | 15 870 | 41 915 | 89.49% | 10.59% |
4 | 3 | Takaful International Co. | 22 035 | 58 251 | 19 654 | 51 910 | 12.11% | 7.76% |
5 | 4 | T'azur | 17 174 | 45 400 | 17 189 | 45 400 | -0.09% | 6.05% |
6 | 6 | Medgulf Takaful | 15 660 | 41 400 | 15 675 | 41 400 | -0.09% | 5.51% |
7 | 7 | Gulf Union | 14 752 | 39 000 | 15 527 | 41 010 | -4.99% | 5.19% |
8 | 8 | SNIC Insurance | 10 288 | 27 198 | 10 998 | 29 047 | -6.45% | 3.62% |
9 | 9 | United Insurance | 9 120 | 24 110 | 8 720 | 23 030 | 4.59% | 3.21% |
10 | 10 | Al hilal Life | 8 723 | 23 060 | 7 338 | 19 380 | 18.88% | 3.07% |
Total | 243 015 | 642 439 | 199 365 | 526 556 | 21.89% | 85.56% | ||
Rest of the market ** | 41 009 | 108 413 | 69 283 | 182 989 | -40.81% | 14.44% | ||
Total market | 284 024 | 750 852 | 268 648 | 709 545 | 5.72% | 100.00% |
* 11 companies
** Evolution in local currency
Exchange rate as at 31 december 2018 : 1 BHD = 2.64362 | as at 31 december 2017 : 1 BHD = 2.64117 USD
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Wed, 05/02/2020 - 12:22
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