Who We Are:
Kuwait Insurance is the first insurance company in Kuwait and the GCC that was established in 1960. The company enjoys a stable and strong financial foundation and provides a wide range of General and Life insurance products, professional team of experts, in addition to new and innovative individual life products.
Our Milestones:
1960: Founded as the first insurance company in Kuwait and the GCC
1961: Launched Motor, Marine, Fire insurance policies
1965: Opened first branch in Ahmadi
1968: Issued the first life insurance policy
1984: Listed in Kuwait Stock Market Exchange
2008: Launched an Independent Takaful Unit
2010: Celebrated 50 years anniversary (Golden Jubilee)
2014: Upgraded from Baa1 to Aa3 by Moody’s
2017: Introduced new corporate identity
Key Facts:
• More than 200 employees
• 13 branches in Kuwait
• A full line of conventional and Takaful insurance products for corporate and individuals
• The highest paid up capital in insurance sector in Kuwait KD 19.404 million
• Technical reserves of over KD 78 million (as at 30/6/2017)
• Total assets of over KD 164 million (as at 30/6/2017)
• International reinsurers with first-class securities
• Clients profile includes major companies in Kuwait