Bahrain – Insurance companies’ mergers required amid competition
Tuesday, 05 03 2016, Category: Insurance and Reinsurance, Country: Bahrain
Officials of the insurance sector said there are promising opportunities for Bahraini insurance companies in the health field as the country is moving toward a national health insurance project for citizens and expatriates which will open the door to private companies. However, they stressed that insurance companies have to seriously think about entering mergers and acquisitions given the increasing competition.
Executive directors of insurance and reinsurance companies and officials of the private sector gatherd in the annual meeting organized by the General Manager of “Bahrain Credit” Mr. Ali Al Daylami at his home in a family spirit. It was an occasion to share ideas about the insurance sector and its role in supporting the economy.
Source: Al Wasat