Market Research Logo

Market Attractiveness and Future Prospects of the Bahraini Takaful Insurance Industry 2020

Market Attractiveness and Future Prospects of the Bahraini Takaful Insurance Industry 2020

Synopsis

Timetric’s 'Market Attractiveness and Future Prospects of the Bahraini Takaful Insurance Industry 2020' report provides detailed analysis of the trends in the Bahraini takaful insurance industry.

It provides values of a number of Key Performance Indicators (KPI) such as gross written premium, direct written premium, earned premium, claims, incurred loss, loss ratio, combined ratio, commissions and expenses, assets and investments during the review period (2011–2015) and forecast period (2015–2020).

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages.

Summary

Timetric’s 'Market Attractiveness and Future Prospects of the Bahraini Takaful Insurance Industry 2020' report provides in-depth industry analysis, information and insights into the takaful insurance industry in Bahrain, including:

  • The Bahraini takaful insurance industry’s growth prospects by insurance segment and category
  • The current trends in the Bahraini takaful insurance industry
Scope

This report provides a comprehensive analysis of the takaful insurance industry in Bahrain:
  • It provides historical values for the Bahraini takaful insurance industry for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key segments and categories in the Bahraini takaful insurance industry, with forecasts to 2020.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets and total investment income.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast industry data related to the Bahraini takaful insurance industry and each segment within it.
  • Understand the demand-side dynamics, key trends and growth opportunities in the Bahraini takaful insurance industry.
  • Identify growth opportunities and market dynamics in key segments.
Key Highlights
  • In 2016, the Central Bank of Bahrain (CBB) launched a compensation fund for motor accident victims.
  • In 2015, a revised solvency framework for takaful and retakaful insurance, introduced in 2014, was implemented by the CBB. It aimed to quicken the growth of takaful business in Bahrain, and protect the interests of all stakeholders.
  • In 2015, the CBB and the Bahrain Insurance Association (BIA) documented a standard policy for compulsory third-party motor insurance and claims settlements.


  • Key Facts and Highlights
    • Table Bahraini Takaful Insurance Industry - Key Facts, 2015
    • Table Bahraini Takaful Insurance Industry - Top Insurers, 2015
  • Analysis of Bahraini Takaful Market Dynamics
  • Takaful Life Insurance Segment Trends
    • Policies and Premiums
      • Gross written premium
        • Table Bahraini Takaful Life Insurance - Gross Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Life Insurance - Gross Written Premium (BHD Million and US$ Million), 2015-2020
      • Premium per capita
        • Table Bahraini Takaful Life Insurance - Premium per Capita (BHD and US$), 2011-2015
        • Table Bahraini Takaful Life Insurance - Premium per Capita (BHD and US$), 2015-2020
      • Penetration
        • Table Bahraini Takaful Life Insurance - Penetration (%), 2011-2015
        • Table Bahraini Takaful Life Insurance - Penetration (%), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Life Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Life Insurance - Number of Active Policies (Thousand), 2015-2020
    • Claims and Expenses
      • Claims
        • Table Bahraini Takaful Life Insurance - Paid Claims (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Life Insurance - Paid Claims (BHD Million and US$ Million), 2015-2020
      • Commissions and expenses
        • Table Bahraini Takaful Life Insurance - Commissions and Expenses (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Life Insurance - Commissions and Expenses (BHD Million and US$ Million), 2015-2020
    • Assets and Investments
      • Total assets
        • Table Bahraini Takaful Life Insurance - Total Assets (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Life Insurance - Total Assets (BHD Million and US$ Million), 2015-2020
      • Total investment income
        • Table Bahraini Takaful Life Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Life Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2015-2020
      • Investments
        • Table Bahraini Takaful Life Insurance - Investment Portfolio (BHD Million), 2011-2015
        • Table Bahraini Takaful Life Insurance - Investment Portfolio (BHD Million), 2015-2020
  • Takaful Non-Life Insurance Segment Trends
    • Policies and Premiums
      • Gross written premium
        • Table Bahraini Takaful Non-Life Insurance - Gross Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Gross Written Premium (BHD Million and US$ Million), 2015-2020
      • Premium per capita
        • Table Bahraini Takaful Non-Life Insurance - Premium per Capita (BHD and US$), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Premium per Capita (BHD and US$), 2015-2020
      • Penetration
        • Table Bahraini Takaful Non-Life Insurance - Penetration (%), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Penetration (%), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Non-Life Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Number of Active Policies (Thousand), 2015-2020
    • Claims and Expenses
      • Paid claims
        • Table Bahraini Takaful Non-Life Insurance - Paid Claims (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Paid Claims (BHD Million and US$ Million), 2015-2020
      • Loss ratio
        • Table Bahraini Takaful Non-Life Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Loss Ratio (%), 2015-2020
      • Commissions and expenses
        • Table Bahraini Takaful Non-Life Insurance - Commissions and Expenses (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Commissions and Expenses (BHD Million and US$ Million), 2015-2020
    • Assets and Investments
      • Total assets
        • Table Bahraini Takaful Non-Life Insurance - Total Assets (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Total Assets (BHD Million and US$ Million), 2015-2020
      • Total investment income
        • Table Bahraini Takaful Non-Life Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2015-2020
      • Investments
        • Table Bahraini Takaful Non-Life Insurance - Investment Portfolio (BHD Million), 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Investment Portfolio (BHD Million), 2015-2020
  • Takaful Non-Life Insurance Categories
    • Takaful Property Insurance
      • Direct written premium
        • Table Bahraini Takaful Property Insurance - Direct Written Premium by Sub-Category (BHD Million), 2011-2015
        • Table Bahraini Takaful Property Insurance - Direct Written Premium by Sub-Category (BHD Million), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Property Insurance - Number of Active Policies by Sub-Category (Thousand), 2011-2015
        • Table Bahraini Takaful Property Insurance - Number of Active Policies by Sub-Category (Thousand), 2015-2020
      • Penetration
      • Claims
        • Table Bahraini Takaful Property Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Property Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2015-2020
      • Profitability
        • Table Bahraini Takaful Property Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Property Insurance - Loss Ratio(%), 2015-2020
    • Takaful Motor Insurance
      • Direct written premium
        • Table Bahraini Takaful Motor Insurance - Direct Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Motor Insurance - Direct Written Premium (BHD Million and US$ Million), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Motor Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Motor Insurance - Number of Active Policies (Thousand), 2015-2020
      • Penetration
      • Claims
        • Table Bahraini Takaful Motor Insurance - Paid Claims (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Motor Insurance - Paid Claims (BHD Million and US$ Million), 2015-2020
      • Profitability
        • Table Bahraini Takaful Motor Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Motor Insurance - Loss Ratio(%), 2015-2020
    • Takaful Liability Insurance
      • Direct written premium
        • Table Bahraini Takaful Liability Insurance - Direct Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Liability Insurance - Direct Written Premium (BHD Million and US$ Million), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Liability Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Liability Insurance - Number of Active Policies (Thousand), 2015-2020
      • Penetration
      • Claims
        • Table Bahraini Takaful Liability Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Liability Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2015-2020
      • Profitability
        • Table Bahraini Takaful Liability Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Liability Insurance - Loss Ratio (%), 2011-2015
    • Takaful Marine, Aviation and Transit Insurance
      • Direct written premium
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Direct Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Direct Written Premium (BHD Million and US$ Million), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Number of Active Policies (Thousand), 2015-2020
      • Penetration
      • Claims
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Paid Claims (BHD Thousand and US$ Thousand), 2015-2020
      • Profitability
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Marine, Aviation and Transit Insurance - Loss Ratio (%), 2015-2020
  • Takaful Personal Accident and Health Segment Trends
    • Policies and Premiums
      • Gross written premium
        • Table Bahraini Takaful Personal Accident and Health Insurance - Gross Written Premium (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Gross Written Premium (BHD Million and US$ Million), 2015-2020
      • Premium per capita
        • Table Bahraini Takaful Personal Accident and Health Insurance - Premium per Capita (BHD and US$), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Premium per Capita (BHD and US$), 2015-2020
      • Penetration
        • Table Bahraini Takaful Personal Accident and Health Insurance - Penetration (%), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Penetration (%), 2015-2020
      • Number of active policies
        • Table Bahraini Takaful Personal Accident and Health Insurance - Number of Active Policies (Thousand), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Number of Active Policies (Thousand), 2015-2020
    • Claims and Expenses
      • Paid claims
        • Table Bahraini Takaful Personal Accident and Health Insurance - Paid Claims (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Paid Claims (BHD Million and US$ Million), 2015-2020
      • Loss ratio
        • Table Bahraini Takaful Personal Accident and Health Insurance - Loss Ratio (%), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Loss Ratio (%), 2015-2020
      • Commissions and expenses
        • Table Bahraini Takaful Personal Accident and Health Insurance - Commissions and Expenses (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Commissions and Expenses (BHD Million and US$ Million), 2015-2020
    • Assets and Investments
      • Total assets
        • Table Bahraini Takaful Personal Accident and Health Insurance - Total Assets (BHD Million and US$ Million), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Total Assets (BHD Million and US$ Million), 2015-2020
      • Total investment income
        • Table Bahraini Takaful Personal Accident and Health Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Total Investment Income (BHD Thousand and US$ Thousand), 2015-2020
      • Investments
        • Table Bahraini Takaful Personal Accident and Health Insurance - Investment Portfolio (BHD Million), 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Investment Portfolio (BHD Million), 2015-2020
  • Takaful Reinsurance
    • Reinsurance Accepted
      • Table Bahraini Takaful Reinsurance - Premium Accepted (BHD Million and US$ Million), 2011-2015
      • Table Bahraini Takaful Reinsurance - Premium Accepted (BHD Million and US$ Million), 2015-2020
    • Premium Ceded
      • Table Bahraini Takaful Reinsurance - Premium Ceded by Insurance Segment (BHD Million), 2011-2015
      • Table Bahraini Takaful Reinsurance - Premium Ceded by Insurance Segment (BHD Million), 2015-2020
  • Databook
    • Takaful Life Insurance
      • Policies and premium
        • Table Bahraini Takaful Life Insurance - Policies and Premium, 2011-2015
        • Table Bahraini Takaful Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Bahraini Takaful Life Insurance - Claims and Expenses, 2011-2015
        • Table Bahraini Takaful Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Bahraini Takaful Life Insurance - Assets and Investments, 2011-2015
        • Table Bahraini Life Insurance - Assets and Investments, 2015-2020
    • Takaful Non-Life Insurance
      • Policies and premium
        • Table Bahraini Takaful Non-Life Insurance - Policies and Premium, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Bahraini Takaful Non-Life Insurance - Claims and Expenses, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Bahraini Takaful Non-Life Insurance - Assets and Investments, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Assets and Investments, 2015-2020
      • Property insurance
        • Table Bahraini Takaful Non-Life Insurance - Property Insurance, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Property Insurance, 2015-2020
      • Property insurance by product
        • Table Bahraini Takaful Non-Life Insurance - Property Insurance by Product, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Property Insurance by Product, 2015-2020
      • Motor insurance
        • Table Bahraini Takaful Non-Life Insurance - Motor Insurance, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Motor Insurance, 2015-2020
      • Liability insurance
        • Table Bahraini Takaful Non-Life Insurance - Liability Insurance, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Liability Insurance, 2015-2020
      • Marine, aviation and transit insurance
        • Table Bahraini Takaful Non-Life Insurance - Marine, Aviation and Transit Insurance, 2011-2015
        • Table Bahraini Takaful Non-Life Insurance - Marine, Aviation and Transit Insurance, 2015-2020
    • Takaful Personal Accident and Health Insurance
      • Policies and premium
        • Table Bahraini Takaful Personal Accident and Health Insurance - Policies and Premium, 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Policies and Premium, 2015-2020
      • Claims and expenses
        • Table Bahraini Takaful Personal Accident and Health Insurance - Claims and Expenses, 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Claims and Expenses, 2015-2020
      • Assets and investments
        • Table Bahraini Takaful Personal Accident and Health Insurance - Assets and Investments, 2011-2015
        • Table Bahraini Takaful Personal Accident and Health Insurance - Assets and Investments, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report