Friday, August 21, 2015

Bahrain LEADING NONLIFE INSURANCE COMPANIES

Bahrain LEADING NONLIFE INSURANCE COMPANIES, 2012 Gross written premiums Company BHD Mn USD Mn Bahrain Kuwait 22.3 59.4 Axa 17.7 47.2 ACE 16.6 44.1 Takaful International 15.5 41.3 Bahrain National 15.0 39.9 Gulf Union 14.0 37.3 Solidarity General Takaful 11.8 31.3 Saudi National 11.4 30.4 Al Ahlia 11.2 29.8 T'azur 7.3 19.4 Source: Axco InsuranceInformation Services. LEADING LIFE INSURANCE COMPANIES, 2012 Gross written premiums Company BHD Mn USD Mn Life Insurance Corp. 21.4 56.8 Alico 12.7 33.7 Zurich 9.8 26.0 Medgulf Takaful 7.0 18.7 Legal & General Gulf Takaful 4.7 12.6 Bahrain National Life 2.1 5.7 Takaful International 1.3 3.5 Legal & General Gulf 0.6 1.5 T'azur 0.6 1.5 Arabia Insurance Company 0.1 0.1 Source: Axco InsuranceInformation Services. INSURANCE ASSOCIATION Bahrain Insurance Association Web: www.bia-bh.com POPULATION, 2011-2014 (1) Year Population 2011 1,214,705 2012 1,248,348 2013 1,281,332 2014 1,314,089 (1) Estimated. Source: U.S. Central Intelligence Agency. GROSS DOMESTIC PRODUCT, 2009-2013 (1) Year GDP 2009 NA 2010 $28.0 2011 29.8 2012 30.8 2013 35.0 (1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown. NA=Data not available. Source: U.S. Central Intelligence Agency. LIFE AND NONLIFE INSURANCE PREMIUMS, 2013 (U.S. $ millions) Direct premiums written Nonlife premiums (1) $515 Life premiums 173 Total premiums $688 Percent of total world premiums 0.01% (1) Includes accident and health insurance. Source: Swiss Re, sigma, No. 3/2014.