Bahrain – Insurance does not exceed 30% of homes
Monday, 04 30 2018, Category: Insurance and Reinsurance, Country: Bahrain
An insurance official of the Bahrain Insurance Association Mr. Abdul Hameed Al Emadi said that “the association took leading positions to develop the insurance sector and support it. However, the main problem in Bahrain was the weak insurance awareness”.
Moreover, Mr. Al Emadi added that property insurance of homes is very limited in Bahrain as only 30% of Bahrainis buy property insurance, which could provide an alternative home in case of fire and insurance on the personal belongings in case of theft.
Source: Akhbar Al Khaleej