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Dar Al Salam Insurance Company (a private joint stock company) was established pursuant to the Certificate of Incorporation No. M.C. 7409 on 11/6/2000 issued by the Registrar of Companies Department in the Ministry of Commerce.
1- Issuing an engineering insurance policy on the Central Bank of Iraq building with an insurance amount of (760,000,000) dinars (seven hundred and sixty million dinars) and a premium of (852,846,210) dollars (eight hundred and fifty-two thousand, eight hundred and forty-six dollars)
2- Issuing a fire insurance policy on a family member of Dohuk with an insurance amount of (68,915,727) dollars (sixty-eight million nine hundred and fifteen thousand seven hundred and twenty-seven) dollars
3- (280,000,000) dinars (two eighty million) dinars were distributed to shareholders in the company’s capital, including the National and Iraqi Insurance Company, the Iraqi Reinsurance Company, and the Agricultural Bank, in the year 2021.
4- The beginning of the company, located on Al-Saadoun Street, was rehabilitated, with all equipment and tools replaced to be in the appropriate modern form.
5- In order to support the company’s financial position and increase its financial stability, the company’s deposits were increased to more than (6000,000,000) billion (six billion) dinars and distributed to government and private banks to achieve profit, guarantee and financial liquidity.
