Every morning is a lovely morning here in our Kingdom of Bahrain. Whether it is the light breeze, the morning sunshine, or the beautiful scenary overlooking many of the bridges that link the airport to Manama.

Bahrain dear readers is the gateway to the Gulf. The gateway to a 1 Trillion USD economy. The gateway ranked 23rd amongst the world’s freest economy. The gateway that time and time again never fails to attract the world’s financial industry. This month, Bahrain welcomes the Gulf Insurance Forum to its shores. Under the patronage of the Central Bank of Bahrain and the Bahrain Insurance Association, Manama continues to prove it is the center of insurance in the Middle East.

With companies such as ARIG, Hannover Re, Asia Capital Re, Chartis, Allianz, Axa, Trust Re, ACE, now Lloyd’s Hardy syndicate, and many others amongst the major international insurance and reinsurance names present on the island, there is no genuine challenger to Bahrain’s crown as the best regulated, tax free, and foreign investment friendly country in the Gulf.


The top 10 reasons why international insurance and reinsurance players should choose Bahrain as a domicile for their regional activities:

1. Freest economy in the Gulf
2. Most experienced, and most foreign friendly Regulator
3. Geographic proximity to Saudi Arabia & Qatar
4. Unrivalled Fast Track licensing and registration services
5. Expat friendly
6. Presence of local insurance resources
7. Presence of CII Accredited Insurance educational institutions
8. Tax Free
9. Presence of established reinsurance market
10. Economic stability and transparency


Following the Gulf Insurance Forum, Gulf Insurance & Reinsurance Magazine decided to interview some of the leading figures in the Bahraini insurance market to solicite their views on Bahrain and the regional markets.

 

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