"We are now waiting for the approval from Central Bank of Bahrain (which also regulates that country's insurance industry) to kick off our ...

The Bahrain-headquartered LIC International is present in five Gulf Cooperation Council (GCC) countries of Bahrain, Dubai, Kuwait, Oman and...

This is the first time that an insurance firm has entered into a strategic alliance with a bank in the gulf country.

LIC is planning to set up a representative office first and later a subsidiary in Singapore, which could serve as its base for the region.