Bahrain Kuwait Insurance Company BSC operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bahrain Kuwait Insurance Company BSC with three other
insurance companies in Middle East:
Qatar General Insurance & Reinsurance Co QPSC
sales of 404.97 million Qatari Rial [US$111.19 million]
of which 32%
Al Ain Ahlia Insurance Company PSC
of UNITED ARAB EMIRATES
(383.47 million UAE Dirham [US$104.40 million]
of which 346%
was Underwriting), and
Ras Al Khaimah National Insurance Company PSC
based in UNITED ARAB EMIRATES
(390.92 million UAE Dirham [US$106.43 million]
of which 77%
During the year ended December of 2020, sales at
Bahrain Kuwait Insurance Company BSC were 39.87 million Bahrainian Dinars (US$105.74 million).
a very small
increase of 0.2%
versus 2019, when the company's sales were 39.80 million Bahrainian Dinars.
This was the fifth consecutive year of sales increases at Bahrain Kuwait Insurance Company BSC
(and since 2015, sales have increased a total of 127%).
Sales of Family Takaful saw an increase
that was more than double the company's growth rate: sales were up
60.8% in 2020, from
546,000.00 Bahrainian Dinars to 878,000.00 Bahrainian Dinars.
Bahrain Kuwait Insurance Company BSC also saw significant increases in sales in
Fire and General (up 2.4% to 17.26 million Bahrainian Dinars)
Not all segments of Bahrain Kuwait Insurance Company BSC experienced an increase in sales in 2020:
sales of Marine and Aviation fell 15.9% to 831,000.00 Bahrainian Dinars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bahrain Kuwait Insurance Company BSC also experienced decreases in sales in
Motor (down 1.2% to 19.45 million Bahrainian Dinars)