Home > Kuwait Retakaful, Kuwait
Kuwait Re was established in 1972 to be the first reinsurer in the Gulf. The founders of Kuwait Re were the then only four insurers, 6 banks and two semi-government investment companies in Kuwait.
In 2015 Al Ahleia Insurance Company, a major Kuwait based insurance company and one of the founding insurers, increased the ownership in Kuwait Re to 91.7%.
Kuwait Re, over 40 years in operation, offers its customers a wide range of products including traditional and tailored reinsurance solutions. The State of Kuwait itself has an AA sovereign rating from Standard & Poor’s, reflecting the country’s financial position and political stability. Kuwait Re’s parent company, Al Ahleia Insurance Company, maintains it’s A- rating for Standard & Poors.
