Heritage said the Central Bank of Bahrain has granted it a license to establish a risk and insurance management company for captive insurers in Manama, Bahrain.
The firm describes itself as a provider of captive management and insurance services.
The new company, Heritage Insurance Management (Bahrain) W.L.L. (HIMB) will “provide innovative risk and insurance management solutions to public and private sector enterprises in Bahrain and the wider Gulf Cooperation Council region,” according to the Central Bank of Bahrain.
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