Bahrain: Acquisitions drive Solidarity Bahrain's 2025 net profit to US$25m
Source: Middle East Insurance Review | Apr 2026
Solidarity Bahrain, the largest insurance company in the kingdom and a subsidiary of Solidarity Group Holding, delivered a robust financial performance in 2025, reflecting both strong organic growth and the successful execution of its strategic expansion initiatives, said the company’s board of directors in a report in the 2025 audited annual financial statements.
Net profit and surplus for the year increased by 17% to BHD9.4m ($24.9m), driven by improved underwriting performance, portfolio diversification and the positive impact of the acquisitions completed during the year. Recognised takaful contributions increased by 59% to BHD94.1m.
Following the successful merger and integration of AlHilal Life and AlHilal Takaful in prior periods, the Group further advanced its inorganic growth strategy in 2025 through the acquisition of 100% of the issued share capital of Bahrain National Insurance Company (BNI) and Bahrain National Life Assurance Company (BNL).
The completion of this strategic transaction represents a significant milestone for the Group, further consolidating the Group as the leading insurance and takaful provider in Bahrain. M