Bahrain Kuwait Insurance Company (B.S.C.) was established in 1975 with Bahraini and Kuwaiti shareholders. By virtue of its shareholding structure, BKIC is allowed to operate as a national insurance company both in Bahrain and Kuwait, the only company to enjoy such a privilege.
The company has grown to become the market leader in the Insurance Industry in Bahrain. In 2008, BKIC occupied a leading position in the Insurance Industry in the Bahraini and Kuwaiti Markets in terms of gross premium and net profits, with a total consolidated gross premium income of BD 117.12 million in 2024 under IFRS17 reporting standard.
The current paid up capital of the company is BD 15 million and the number of shareholders is more than 3,700 as at 2025. Gulf Insurance Group (GIG gig), which is owned by Fairfax Financial Holdings Limited since 2023 representing our ultimate parent Company, became the largest shareholder of the BKIC in 2008, with a share of 56.12%.
