Warba Insurance & Reinsurance Co. engages in the provision of insurance services. It operates through the following segments: Marine and Aviation; General Accident and Fire; Motor; and Life and Medical Insurance. The Marine and Aviation segment includes goods transportation and different types of marine and aviation vessels. The General Accident and Fire segment comprises of insurance against risks of contractors, machine and computer damages and cessation of work; insurance for cash, fidelity bonds, professional risks, work accidents, civil responsibility and cars; and for buildings, stores, industrial risks and oil and gas industry. The Motor segment covers accidents for different types of motor vehicles. The Life and Medical Insurance segment provides various life and health insurance cover for individuals and companies. The company was founded on October 24, 1976 and is headquartered in Kuwait City.
Fundamental metrics to determine fair value of the stock
Company’s recent performance and margins
Dividend yield, history and sustainability
Financial position and solvency of the company