KINS fundamentals

Kuwait Insurance Co. engages in the provision of insurance products and services. The company also engages in underwriting all types of risks under Takaful insurance law, and investment in permitted securities and real estate properties. It operates through the following business segments: Marine and Aviation, Fire, General Accident, Life Insurance, and Takaful. The Marine and Aviation segment deals with the insurance against risks related to goods transportation and different types of marine and aviation vessels. The Fire segment covers insurance against fire for different types of buildings, stores, industrial risks, and gas and oil industry. The General Accident segment provides insurance against risk of contractors, machinery and computer damages, and cessation of work. The Life Insurance segment covers life and medical insurance for individuals and groups. The Takaful segment offers insurance against all types of risks under Takaful insurance law. The company was founded on August 10, 1960 and is headquartered in Kuwait City, Kuwait.