State of Kuwait

United Arab Emirates is considered to be the largest Insurance market among the Gulf Co-operative Council (GCC) countries and perhaps, beyond 30 in the world ranking.  National companies dominate with more than 75% share in the non-life insurance market and the rest is shared by Foreign Companies.  However, so far as the life insurance market is concerned, the situation is almost the reverse with National companies sharing a little over 30% while the rest is shared among Foreign companies.

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NationalCarrier NameOfficial URLS&P RatingAM BestLast updated
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NationalCarrier NameOfficial URLS&P RatingAM BestLast updated
 Al-Ahleia Insurance Co. S.A.K.  BBB+ Stable  March 11, 2010 
 Gulf Insurance Company K.S.C.  BBB+ Stable  March 11, 2010 
 Kuwait Insurance Co. S.A.K.  BBpi  March 11, 2010 
 Kuwait Reinsurance Co. K.S.C.  BBB Positive  March 11, 2010 
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