SNIC Insurance (formerly known as Saudi National Insurance Company) has been protecting individuals and businesses with quality insurance coverage and a strong commitment to service excellence since 1974. The Company was licensed by the Central Bank of Bahrain as Bahraini registered Company in 2006 with a paid-up capital of Bahraini Dinars 10 million. Key Shareholders are E.A. Juffali & Brothers, Munich Re, and Zurich Insurance Company.

SNIC is rated by A.M. Best as “B+” (Good) and an issuer credit rating of “BBB-” with a stable outlook and is considered one of the leading insurance companies in the Kingdom of Bahrain.