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
The premium air travel - business and first-class tickets- sector improved in August with a 8.6 per cent growth after months of sluggish expansion, partly due to the positive bias of Ramadan timing for the Middle Eastern airlines, said a r
Ultra-low cost smartphone shipments are expected to reach almost 200 million units by 2018, compared to about 10 million in 2014, according to analysts Juniper Research.
New ultra-low cost generation of smartphones is emerging, ca