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 AL
FAJR INSURANCE & REINSURANCE COMPANY SAL was 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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On
August 18 th 2003 we officially merged efforts with International Trust
Insurance Co.SAL (member of GULF INSURANCE ksa/Kuwait ) , and are now operating under
the new name of FAJR AL GULF INSURANCE AND REINSURANCE CO.SAL. with
an increased capital of USD.4,761,904.- |
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The
merger brought GULF INSURANCE Co. KSC-Kuwait as a major partner to the new enlarged company which is positioned among
the top ten in the Lebanese market. |
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GULF INSURANCE CO is the largest insurance provider in Kuwait
with a capital base of US$333MILLION and an annual published premium
in excess of USD.100 MILLION.It is a major subsidiary of Kipco - KUWAIT
PROJECTS COMPANY(HOLDING) Kuwait"s leading publicly listed investment
company with assets under its control exceeding US$ 20 BILLION invested
internationally in banking, insurance,media,telecom,real estate and
manufacturing.. |
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We
have access through our Treaties and Facultative support to First Class
Reinsurance Security throughout the world mainly : SWISS RE , HANNOVER RE , R+V VERSICHERUNG , ZURICH RE / CONVERIUM ,
AXA RE , LLOYDS OF LONDON, INSTITUTE OF LONDON UNDERWRITERS (I.L.U.)
CAISSE CENTRALE DE REASSURANCE (CCR) , etc....... |
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The Company is chaired by Ghassan
A. El Hibri who has more than 40 years of experience
in the Insurance market and is assisted by a specialized team
of Insurance professionals , all of whom have accumulated many
years of experience in both risk management , marketing , customer
support , administration , investsment , and finance.
The Company employs around 70 people
in its various operations , and has an extensive network of consultants.
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