Shoug Alasfour
Coordination Manager - Life Sales & Marketing Department at Kuwait Insurance Company - Kuwait City, Al `Asimah, Kuwait
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Kuwait Insurance Company
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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 GCC1961: Launched Motor, Marine, Fire insurance policies1965: Opened first branch in Ahmadi1968: Issued the first life insurance policy 1984: Listed in Kuwait Stock Market Exchange2008: Launched an Independent Takaful Unit2010: Celebrated 50 years anniversary (Golden Jubilee) 2014: Upgraded from Baa1 to Aa3 by Moody's2017: Introduced new corporate identityKey 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