Middle East Insurance Review > Magazine

A silver lining amidst the pandemic cloud

With sector experts saying that the life insurance market needs at least three years to recover from the impact of COVID-19, Bahraini life insurers have a hard road ahead. This was exacerbated by the spike in cases in the middle of 2021, forcing the sector into a hardening cycle. We spoke to Bahrain National Life’s Mr Omar AlAseeri about what lies ahead for the industry.

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Pursuing inorganic growth to stay afloat

With limited growth opportunities and a challenging environment, the non-life market in Bahrain is exploring new product lines and services to stay afloat and competitive.

InsurTech supernova

Bahrain may not be the biggest of the GCC states, but when it comes to InsurTech development and promotion, the kingdom punches above its weight. We spoke to TASWEYA’s Mr Mohamed Radhi to find out about recent developments in the market.

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Listed insurers stand firm against COVID-19

The four listed insurers on the Bahrain Bourse look poised to deliver a resilient performance in 2021 on the back of continued growth in GWP and profits during the second and third quarters of the year.

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Emergence of an insurance marketplace in Bahrain

MEIR held a roundtable discussion with some Bahrain insurance sector leaders in mid-January to take the temperature of participants on some of the big issues facing the industry today.

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The future of insurance and training

Bahrain Institute of Banking and Finance’s Ms Manal Mashkoor discusses the importance of talent acquisition and development at a time when the industry is primarily focused on digital transformation and customer-centricity.

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Magazine

Feb 2022

Magazine Table of Contents

Market Profile

Bahrain

Regulatory changes across multiple sectors