MANAMA: Insurance premiums in Bahrain grew by six per cent year-on-year to BD284 million as of the end of 2018, due to key demographic factors like economic growth, population expansion, as well as increasing life expectancy, a top regulatory official said yesterday.
Central Bank of Bahrain executive director of financial institutions supervision Abdulrahman Al Baker told the GDN that government investments in infrastructure projects have also provided new underwriting opportunities for further growth of the industry, not just in Bahrain but also in the wider Mena region .