MANAMA, June 13 -- The Central Bank of Bahrain (CBB) will continue its focus on bringing the best regulatory regime for insurance sector, says a senior official.

Abdul Rahman Al-Baker, Executive Director of Financial Institutions Supervision, Central Bank of Bahrain, during his keynote address at the two-day InsureByte Conference, told the audience that the CBB always believes in continual enhancement and improvement of its regulatory framework for the growth and betterment of industry.

"The CBB has always played an important role in launching new initiatives to develop the insurance industry both locally and regionally. The issuance of the Takaful model is one of these initiatives in reaffirming Bahrain as the jurisdiction of choice fo...