Magazine date:
Nov 2023 Figures in thousands
| Rank | Companies | 2022 turnover | 2021 turnover | 2021-2022 evolution (1) | 2022 shares | ||
|---|---|---|---|---|---|---|---|
| BHD | USD | BHD | USD | ||||
| 1 | GIG Bahrain | 104 262 | 274 787 | 92 719 | 244 470 | 12.45% | 37.31% |
| 2 | Solidarity Bahrain | 46 228 | 121 836 | 31 629 | 83 395 | 46.16% | 16.54% |
| 3 | Bahrain National Holding | 41 964 | 110 598 | 39 864 | 105 108 | 5.27% | 15.02% |
| 4 | GIG Takaful International | 24 920 | 65 678 | 24 806 | 65 405 | 0.46% | 8.92% |
| 5 | SNIC Insurance | 14 300 | 37 688 | 12 777 | 33 689 | 11.92% | 5.12% |
| Total top 5 companies | 231 674 | 610 587 | 201 795 | 532 067 | 14.81% | 82.91% | |
| Rest of the market (2) | 47 763 | 125 880 | 74 134 | 195 467 | -35.57% | 17.09% | |
| Total market | 279 437 | 736 467 | 275 929 | 727 534 | 1.27% | 100% | |
(1) Growth rate in local currency
(2) 26 companies
Sources : Rapports compagnies and www.cbb.gov.bh
Exchange rate as of 12/31/2021: 1 BHD = 2.63667 USD ; as of 12/31/2022: 1 BHD = 2.63554 USD
Read also | Bahraini insurance market [4]
