Nov 2019

Read the latest edition of AIR and MEIR as an Interactive e-book

Bahrain: Regulator grants licence to Cigna Life

Source: Middle East Insurance Review | Jun 2019

The Central Bank of Bahrain (CBB) has granted a licence to Cigna Life Insurance Company of Europe (Cigna) to open a branch in Bahrain. The licence allows Cigna to expand its business in the kingdom, the regulator said in a statement.
Cigna’s proposed branch is expected to contribute to medical insurance, and is targeted to engage with local brokers to offer its medical coverage products to multinational companies with exposure in Bahrain, local private enterprises with operations abroad requiring international coverage and government-sponsored entities requiring local and international health cover.
Mr Ahmed Al-Bassam, director of licensing at the CBB said, “We welcome Cigna’s decision to choose Bahrain as an arm of its group for reaching out to local customers and the GCC market, to provide its worldwide health coverage, emphasising that its presence in the region will contribute positively in the medical insurance services given their track record in the health service industry.”
Cigna is a global health service company represented in 30 countries and jurisdictions, and has more than 95m customers globally with more than 40,000 employees serving them. M 
| Print | Share

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.


Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.