Subsidiaries & Affiliates
Subsidiaries
Gulf Life Insurance Company
Kuwait
Gulf Life Insurance Company (GLIC) was established in 2008 as a subsidiary of Gulf Insurance Company (GIC) in line with the global practice of separating life insurance business from other general insurance businesses, with paid-up capital of KD 5 million, GLIC offers life and health insurance solutions to individual customers and corporate entities. Company’s headcount are 79 employees. The company ranked as the market leader in terms of gross written premiums.
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Bahrain Kuwait Insurance Company
Bahrain
Bahrain Kuwait Insurance Company (BKIC) was established in 1975. By virtue of its shareholding structure, BKIC is allowed to operate as a national insurance company both in Bahrain and Kuwait, the only company to enjoy such a privilege. The current paid up capital of the company is Bahraini Dinars 6.5 million.
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Arab Misr Insurance Group
Egypt
Arab Misr Insurance Group (AMIG) is an Egyptian non-life insurance company established in 1993 where its issued capital is EGP 500 million and paid-up capital is EGP 90 million. The company avails all types of non-life insurance coverage through 12 branches covering most of Egypt, where a team of 242 highly trained professionals deliver distinguished service...
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Syrian Kuwaiti Insurance Company
Syria
Syrian Kuwaiti Insurance Company (SKIC) is a Syrian joint stock company established in 2006; following the Ministerial
decree number 13.
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Fajr Al-Gulf Insurance & Reinsurance Company
Lebanon
AL FAJR INSURANCE & REINSURANCE COMPANY SAL (FAG) is a Lebanese shareholding company established in 1991 by a group of internationally known businessmen, and since then has enjoyed remarkable growth and success in specialist areas of Insurance & Reinsurance...
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Arab Orient Insurance Company
Jordan
Arab Orient Insurance Company was established in 1996 and licensed to write general insurance business. Its earned
reputation of speedy settlement of legitimate claims and its strong market positioning coupled with excellent reinsurance
security ...
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Egyptian Life Takaful (ELTC)
Egypt
Egyptian Life Takaful (ELTC) – Life was formed in 2007 as Egyptian Joint Stock Company. The establishment of ETL was the steppingstone to create a viable Life Takaful industry in Egyptian Life Insurance Market.
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Affiliaties |
Buruj Cooperative Insurance Co.
Kingdom of Saudi Arabia
Buruj Cooperative Insurance Company (BURUJ) is a non-life insurer set up under the Saudi Arabian Monetary Agency (SAMA) Executive List No. M-32 dated 02/06/1424 H (dated 01/08/2003) and incorporated in Saudi Arabia.
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