The insurance industry in the kingdom of Bahrain has tripled in size between 2003 and 2011, according to the Bahrain Economic Quarterly report.
The report also found that insurance accounted for one third of the financial sector in Bahrain, and that 60 percent of its employees are Bahraini.
Insurance penetration in Bahrain has increased from 1.95 percent to 2.55 percent over the decade.