Al Maraj on key developments in Bahrain
"It has also been generating current account surpluses larger than China's in recent years. In short, the GCC markets offer significant potential for insurers, considering that for many products, this is largely untapped territory.
"To conclude, therefore, we believe that strong regulatory foundations have now been built for the insurance industry in Bahrain, and that this provides a sound basis upon which its potential can be fulfilled. I wish you all a productive conference.
Speech by His Excellency Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, at the 4th Annual Middle East Insurance Forum, Manama, 8 May 2007.
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