MANAMA: Bahrain Kuwait Insurance Company (BKIC) is open to mergers or acquisitions in Bahrain’s insurance sector in a bid to maximise investment income and cost saving, the company’s chairman has said.
Talking to the GDN on the sidelines of the annual general meeting (AGM) of shareholders yesterday, Murad Ali Murad said the insurer was pursuing inorganic strategic investments, “since the markets in which we operate are small and limited in scope for organic growth” .