Middle East Economic Survey
VOL. LII
No 25
22-Jun-2009
Bahrain
Strongest Ever Growth For Bahraini Insurance Sector In 2008, Says Central Bank
The Bahrain insurance market registered its strongest ever annual growth during 2008, with gross premiums surging by 34% over 2007, the Central Bank of Bahrain (CBB) said on 16 June. Life insurance accounted for most part of the increase, surging by 38% from BD37.69mn (about $100mn at the current exchange rate $1=BD0.3769) in 2007 to BD51.98mn ($137.9mn) in...
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