WARBA was established on 24.10.76 as a Kuwait Shareholding Company and the main objectives of the company are to underwrite all classes of insurance, reinsurance and related investment activities.
Warba is one of the leading National Insurance Companies in Kuwait with 33 years of successful track record. It employs highest number of Insurance Professionals in the entire G.C.C. Region. The dedicated and prompt service offered to the insured public enabled Warba to achieve full customer satisfaction. Customer delight is our motto and we have firm faith that for an organization which adopts customer orientation in every aspect of its activities.
Warba was started with Share Capital of US$ 13 million and Shareholders Equity reached US$ 140 million as of 31.12.2009.
Warba entered joint ventures with various international insurers such as LIC of India through its subsidiary LIC International (Bahrain), State Life Insurance Corporation of Pakistan, InterGlobal (UK), IHI-BUPA,, AAA Warranty Services Inc., LIC Housing Finance Ltd. (India), Ceylinco Insurance Co. (Sri Lanka), Generali (Italy) etc., to offer services to expatriates and introduce innovative insurance products in the market. In addition it established Ritaj Takaful Insurance co, WAPMED TPA co and WAM in Kuwait.
Warba has been rated as “BBB pi” by Standard & Poor’s
Warba is an ISO 9001:2008 certified Company by Meyer – Turkak.
Our focus is to offer unique insurance products to meet the requirements of customers at affordable levels of premium. Warba achieved success through its Best Customer Care Services and Team Leadership.
The strategy of Warba is to expand operations in other Gulf Countries and in the Asian Continents. Establishment of new companies connected with Insurance and related services are also in the offing.
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