International premium and economy air passenger numbers grew at the same rate of 4.5 per cent in August compared to a year ago, up on the July growth of 2.6 per cent.
The strong expansion in passenger numbers between August
Increasing demand for Sharia-compliant insurance in Bahrain has led to takaful premiums growing more than seven per cent last year, it has emerged.
According to Central Bank of Bahrain (CBB) executive director of financial institu
Bahrain-based Saudi National Insurance Company (SNIC) has reported a growth of 23 per cent in gross written premium at BD11.2 million ($29.70 million) for the first six months of the year when compared with BD9.1 million ($24.1 million) for the
Bahrain insurance market has posted a gross premium increase of eight per cent to register BD258.41 million ($681.7 million) last year, compared to the previous year, according to the Central Bank of Bahrain.
Long a key feature of the Middle Eastern bond market, the "Gulf premium" is fading and may vanish entirely as soon as this year if the region continues to gain ground as a mainstream investment destination.
The premium i
Only 45 percent of vehicles on Saudi Arabia’s roads are insured, owing to a four-fold rise in premiums, said a report.
An official of Najm Company that deals with road accident cases in the country on beh
Global premium passenger numbers rose 6.1 per cent in January, a strong result compared to the 2013 growth of 4.2 per cent, a report said.
Growth in premium travel has been supported by positive developments in the business enviro
The number of passengers travelling in premium seats on international markets expanded by a solid 4.2 per cent in 2013 compared to 2012, while economy international travel expanded 3.5pc in 2013, a significant slowdown on 2012 when growth was 5.
The Bahrain insurance market has posted an annual growth of nine per cent in 2012 to register gross premium/contributions of BD239.05 million ($633.7 million), said the Central Bank of Bahrain in a report.
A significant part of th