KINS – Kuwait Insurance Company SAKP


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Kuwait Insurance Company SAKP is a Kuwait-based public shareholding company that underwrites all classes of life and non-life insurance products and services through a network of 12 branches across Kuwait. The Company operates in five business segments: the Marine and aviation segment covers insurance against risks related to goods transportation and different types of marine and aviation vessels; the Fire segment includes insurance against fire for different types of buildings, stores, industrial risks and gas and oil industry; the General accident segment includes insurance against risks of contractors, machinery and computer damages and cessation of work, as well as insurance cover for cash, bonds, fidelity, professional risks, work accidents, civil responsibility and motor vehicles; the Life insurance segment provides life insurance cover for individuals and group, and medical insurance, and the Takaful segment offers insurance against all type of risk under takaful insurance law.

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