The company was established based on the provisions of the Companies Law No. (21) of the year (1997), amended pursuant to the incorporation license numbered (MS/1/73401) on 1/19/2010.

Company capital: The company was established with a capital of (1,000,000,000) billion dinars, and it was later increased to (5,000,000,000) five billion dinars.

The company specializes in general insurance of all types and does not practice life insurance because the license allows only one type of general insurance with all types of documents: fire / theft / marine / engineering / cars / personal accidents / money transfer / cash in safe keeping / personal liability / health insurance. .

The company is a shareholder in all the societies that have been agreed upon since its founding until now, and with all the companies affiliated with it and according to the agreed upon conditions.