Bahrain Kuwait Insurance Company B.S.C. (a member of Gulf Insurance Group - GIG) was established in 1975 with Bahraini and Kuwaiti shareholders. Since its establishment, BKIC has enjoyed steady growth in various areas and built a solid relationship with its customers based on integrity, mutual trust and financial strength. The company has grown to become the market leader in the Insurance Industry in Bahrain in terms of gross premium and net profits, with a total gross premium income of BD 38.18 million in 2013. BKIC was the first insurance company in Bahrain to have been interactively rated by an independent international rating agency and currently enjoys A- (Excellent) rating of A M Best. BKIC transacts all classes of general insurance, the major categories being Fire, General Accident, Engineering, Marine Cargo, Motor, Group Life and Health.
Being a pioneer in the insurance industry, BKIC is the first insurance company in Bahrain to offer its customer the chance to enjoy the free miles offered by the Falconflyer programme of Gulf Air. BKIC customers will earn free miles for every BD spent on insurance. This also includes the purchase of insurance policies online through BKIC website.
The breakdown of the miles earned per policy is as follows:
|Type of Policy||Spend||Earn Miles|
|Annual & Two-Year Travel Policies||1 BHD||4 Miles|
|Home Insurance Policies||1 BHD||4 Miles|
|Motor Comprehensive Policies (Gold+ and Platinum+)||1 BHD||1 Miles|