Bahrain Insurance Association (BIA) held its Annual General Assembly Meeting at the Intercontinental Regency Hotel in Bahrain on the 19th of March 2018, in the presence of its members and representatives of the Central Bank of Bahrain. On review of the Board’s report, the AGM has approved the year-end results and the financials for 2016. The General Assembly also went through the board’s report which discussed several matters of which were the activities of the BIA committees and the events and participation of the Insurance Awareness Campaign.
It is worth mentioning BIA plays the main role in discussing and coordinating with the insurance companies as well as the Central Bank of Bahrain, along with other Associations and specialized institutions. In addition, the BIA arrange different insurance activities such as organizing workshops and seminars, that aims to increase the awareness of the importance of the insurance, besides its role in building a firm Bahraini society. The Association also contributes by studies, plans, and recommendations for the progress of the insurance industry in the Kingdom of Bahrain.
BIA newly appointed General Manager Mr. Abdulhameed Al Ammadi, said: “It is a great honor and privilege to be assigned as the General Manager by the board members and my colleagues in the insurance sector. I am confident that the growth of the association and its achievements till date in establishing a highly effective role in society is a result of the efforts of all members who have contributed in building the association and I would like to take this opportunity to thank them all”.
On the other hand, BIA members praised the prominent role the association plays in representing the insurance sector in a proper manner and paying attention to the most important issues that come up on the scene.