The Joint War Committee (JWC), which counts syndicate members from Lloyd's in its ranks, as well as representatives from the London insurance market, has listed the waters around Bahrain, Djibouti, Kuwait, Oman and Qatar as high-risk areas, according to a JWC Circular.
The ongoing Iran-Israel military conflict that erupted on 28 February 2026 followed weeks of mounting tensions. But what began as a highly anticipated conflict has now surpassed expectations in both intensity and impact.
Solidarity Bahrain, one of the largest insurance companies 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, says the company's board of directors in a report in the 2025 audited annual financial statements.
Global reinsurance giant Hannover Re has appointed Mr Ridwaan Patel as CFO of its Bahrain branch and Hannover ReTakaful, subject to approval by the Central Bank of Bahrain.
Attracting and retaining high-quality insurance talent requires a deliberate and long-term approach in Bahrain because the kingdom's (re)insurance market is "relatively small and specialised", according to Mr Mahmood Waheed, Head of Reinsurance at Patrick York Ireland Insurance & Reinsurance Brokers (Bahrain).
Insurance brokers in Bahrain are increasingly integrating digital solutions into their operating models, according to Mr Mahmood Waheed, Head of Reinsurance at Manama-based Patrick York Ireland Insurance & Reinsurance Brokers.
The Bahrain Insurance Association (BIA) has appointed Mr Ali Noor as its new General Manager, effective 1 January 2026.
Bahrain Kuwait Insurance Company (BKIC), also known as GIG Bahrain, has announced the promotion of Mr Mohamed Salah AlMeraj to the position of General Manager - Bahrain Operations, with effect from 1 January 2026.
The Central Bank of Bahrain (CBB) has granted KFH Takaful Insurance Company a licence to provide insurance services in Bahrain.
The combined net profit of 75 listed GCC insurers remained steady at $1.7bn in the first nine months of this year (9M2025), with mirroring trends from the first half of the year, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.