The Bahraini Insurance Association held its regular and unusual general assembly yesterday at the Gulf Hotel in the presence of representatives of the Insurance Department in the Central Bank of Bahrain, which confirms the continued supervision and support of the bank for the insurance sector in Bahrain. The meeting schedule began by reviewing and approving the previous regular general assembly meeting, and the financial statements of the year ended in 2024 were approved by the members. The members also reviewed the report of external accounts and the board report on the fiscal year ending on December 31, 2024.
During the meeting, the Board of Directors reviewed the most important results of the financial association and the most important activities it undertook during the year 2024, confirming the association’s commitment to strengthening the insurance sector in Bahrain. The Board of Directors also shed light on the association’s achievements in the application of rules and laws, the development of the insurance sector, and the members ’initiatives to support the association, which in turn contributed to the growth and sustainability of the local market.
Among the main items on the agenda, a new board of directors was elected for the 2025-2026 session, consisting of: Dr. Abdullah Sultan, Issam Al-Ansari, Walid Mahmoud, Ahmed Marhtat, Badr Baqir, Enas Asiri, Maysa Al-Kooheji, Olaf Brook, and Yahya Al-Muqrq. The members of the General Assembly, representatives of the insurance sector, affirmed their support for the new board of directors of the association in its work to achieve the goals of the association in representing the insurance sector and support the national efforts to advance this important sector, which represents a pillar of the national economy.
After the completion of the work of the regular and unusual general assembly, the association’s new board of directors held its first meeting, during which Dr. Abdullah Sultan was elected Chairman of the Association’s Board of Directors and Walid Mahmoud as Vice -President. The Chairman of the Board of Directors stressed the continuation of the association’s leadership to achieve its goals, which are to enhance cooperation in the sector, enhance awareness, encourage best practices, and implement policies that support innovation and growth in the insurance industry.
This, and Dr. Abdullah Sultan expressed abundant thanks and appreciation to the Central Bank of Bahrain for its continuous support for the insurance sector, and to all members of the association for their continuous support, and former Chairman Jawad Mohamed, and former member of the Board Iman Council, for their valuable and effective contributions throughout their membership in the Council, wishing success and success for all, and working together for the good and interest of the insurance industry in our dear kingdom.
