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THE EVENING EDITIONInsurance. Risk. A changing world.
Evening edition / 3 November 2026Two editions a day, wire updated in between · How we report · The team

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GCC markets · Bahrain · market entrant

Marsh to offer captive management in Bahrain, its third regulated Gulf domicile

Marsh plans to become the first international broker to provide captive insurance management services in Bahrain, adding a third regulated Gulf domicile after Dubai and Abu Dhabi. The broker said captive assets it manages in the Middle East reached US$612m in 2023.

GCC desk
AI-assisted summary · Source checkedReported by Insurance Business — GCC on
Summary published 3 November 2026
Illustration of an umbrella sheltering industrial buildings on a coastal island linked by a causeway.
Illustration. Not a photograph of the event.

Marsh announced at Gateway Gulf in Manama that it will become the first international broker to offer captive management services in Bahrain, Insurance Business reported. Bahrain follows Dubai, where Marsh started in 2008, and Abu Dhabi, added in 2018. The Central Bank of Bahrain regulates captives under Volume 3 of its Insurance Rulebook.

According to Marsh, captive-related assets under its management in the Middle East reached US$612m in 2023, a 40% increase year on year. Net income of the captives it manages in the region exceeded US$100m, more than 50% higher than in 2022. Property is still the most common line, but these captives now also cover political violence, liability, construction and group accident programmes.

Marcin Antosik, Marsh's captive operations leader for the Middle East, will lead the Bahrain service. Noor Al-Haji, chief executive of Marsh Bahrain and Kuwait, said captives are becoming "a more strategic tool for financial resilience".

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This is an original summary of the linked report, selected by our GCC market monitor. Facts are attributed to the publication.

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