Bahrain Kuwait Insurance Company has purchased 77.25% of Takaful International (Bahrain). BKIC is planning to merge its branches and some of its business with Takaful International to develop the Takaful business.
This transaction must be approved by the supervisory authorities.
Read also | Insurance companies in Bahrain [4]
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[3] https://www.atlas-mag.net/en/issue/training-up-against-digital-shock
[4] https://www.atlas-mag.net/en/article/top-10-insurance-companies-in-bahrain-ranking-2018