Thursday 28 March 2024
 
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Bahrain Kuwait Insurance

BKIC H1 net profit surges 31pc to $6m

Bahrain Kuwait Insurance Company’s (BKIC) net profit in the first half of 2016 increased by 31 per cent to BD2.3 million ($6 million) compared with the first half of 2015, reported the Gulf Daily News, our sister publication.

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BKIC opens branch in Bahrain's Saar Mall

Bahrain Kuwait Insurance Company (BKIC) has opened a new branch in Bahrain’s Saar Mall, a top shopping and leisure destination, reported the Gulf Daily News, our sister publication. To read further, please visit

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BKIC posts $5.78m profit despite challenges

Bahrain Kuwait Insurance Company (BKIC) has reported a profit of BD2.2 million ($5.78 million) for the first nine months this year, compared with BD3.7 million in the same period last year. The company said in a statement that the

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BKIC raises stake in Takaful to 40.9pc

Bahrain Kuwait Insurance Company (BKIC), the kingdom's largest insurer, has raised its stake in local peer Takaful International to 40.9 per cent, a move that could herald the start of wider consolidation in the sector. Last w

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BKIC net profit up 15pc to $11m in 2014

Bahrain Kuwait Insurance Company (BKIC) has reported a net profit of BD4.2 million ($11 million) for last year, an increase of 15 per cent over BD3.7 million in 2013, a report said. Out of this, BD2.96 million (BD3.32 million in 2

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BKIC unveils new brand identity

Bahrain Kuwait Insurance (BKIC), part of the Gulf Insurance Group, has decided to adopt a common logo for all the subsidiary companies so as to reflect a unified brand identity across the group companies. The logo selected for the

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BKIC wins top award at insurance forum

Bahrain Kuwait Insurance Company (BKIC) has been voted as the winner of the 2013 Institutional Excellence Award at the ninth annual Middle East Insurance Forum (MEIF) in Bahrain. The annual MEIF Institutional Excellence Award, whi

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BKIC posts H1 net profit of $4m

Bahrain Kuwait Insurance Company (BKIC) registered a net profit of BD1.5 million ($4 million) in the first half of this year, as against BD2.6 million in the same period last year, said its chief executive. Second-quarter net profit sto

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BKIC posts $2.4m net profit in Q1

The Bahrain Kuwait Insurance Company (BKIC) achieved a net profit of BD917,000 ($2.4 million) in the first quarter of the year compared with BD1.1 million for the same period last year. Chief executive Ebrahim Al Rayes attributed this decl

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Bahrain 'leading bancassurance growth'

Bancassurance, which involves banks selling insurance products, is a major industry for the Middle East region and Bahrain is spearheading this growth, according to an expert. In the West banks play a major role in selling insurance produc

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