Gross written premiums for Kuwait's insurance market retreated in the fiscal year ended 31 March 2026 (FY2026), with the fall attributed largely to the health insurance business, according to the Insurance Regulatory Unit's latest Annual Report.
Al Ahleia Insurance Company (AIC) has maintained its strong underwriting performance and prudent investment profile, and significantly strengthened its business model over the past few years, notably thanks to its subsidiary, Kuwait Re, according to S&P Global Ratings (S&P) in a recent report.
Al Ahleia Insurance Company (AIC) has announced that it had received conditional approval from the Insurance Regulatory Unit (IRU) to add reinsurance activities to its licensed businesses.
Moody's Ratings (Moody's) has assigned a B1 insurance financial strength rating (IFSR) to Al-Daman Takaful Insurance Company (Al-Daman Takaful). The outlook is 'Stable'.
Moody's Ratings (Moody's) has upgraded Wethaq Takaful Insurance Company's (Wethaq) Insurance Financial Strength Rating (IFSR) to 'B1' from 'B2', and changed the outlook to 'Positive' from 'Negative'.
Moody's Ratings (Moody's) has assigned a 'Ba2' Insurance Financial Strength Rating (IFSR) to First Takaful Insurance Company (First Takaful). The outlook is 'Stable'.
Kuwait Reinsurance Co (Kuwait Re) will remain resilient to the consequences of the Middle East war, says S&P Global Ratings (S&P).
Ilaf Takaful Insurance Company has demonstrated a track record of sound operating performance, reporting a good balance of earnings between its policyholders' and shareholders' funds in recent years, notes AM Best.
Kuwait's Enaya Insurance Company has a track record of strong operating performance, demonstrated by a return-on-equity ratio of 16% in 2025, says AM Best.
Kuwait Insurance Company (KIC) has a track record of strong operating performance, demonstrated by a three-year (2023-2025) weighted average return-on-equity ratio (ROE) (including other comprehensive income, [OCI]) of 12%, notes AM Best.