Top 10 insurers in Bahrain according to 2019's turnover

In thousands
CompaniesTurnover 2019Turnover 20182018-2019 evolution *2019 shares
BHDUSDBHDUSD
GIG Bahrain
81 656215 29081 610215 7460.06%28.42%
Bahrain National Holding
33 80489 12633 58188 7750.66%11.76%
Solidarity Bahrain
30 85281 34330 07279 4992.59%10.74%
GIG Takaful International
21 72157 26922 03458 249-1.42%7.56%
T'azur
19 08250 31017 17345 40011.12%6.64%
Medgulf Takaful
15 70241 40015 66041 4000.27%5.46%
Gulf Union
14 98239 50014 75339 0001.55%5.21%
SNIC Insurance
10 38927 39110 28827 1980.98%3.62%
United Insurance
9 61525 3509 12024 1105.43%3.35%
Al Hilal life
8 95123 6008 72323 0602.61%3.11%
Total of the top 10 companies246 754650 579243 014642 4371.54%85.87%
Rest of market **40 601107 04741 010108 415-1.00%14.13%
Grand total287 355757 626284 024750 8521.17%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

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