From The Report: Bahrain 2023
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With the countdown to full implementation of the new national health insurance programme (Sehati) well advanced, FY 2023/24 could see a major boost for Bahraini insurers, with opportunities in health for both conventional and takaful (Islamic insurance) firms. The private medical segment has already benefitted from enhanced awareness of the scheme, while other non-life lines of business showed growth during FY 2021/22. Meanwhile, life and life takaful continue to be constrained by relatively low awareness. This was made particularly acute by the Covid-19 pandemic and the economic uncertainty that followed, which led to a drop in policy retention rates.

This chapter contains an interview with Abdulla Sultan, CEO, Bahrain Kuwait Insurance Company (GIG Bahrain).