Kuwait Insurance Company - شركة الكويت للتأمين
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
