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The National Insurance Company is one of the formations of the Ministry of Finance. It was established in accordance with Law No. 56 of 1950 with a nominal capital of one million dinars.
The company was established on 10/14/1959 based on the Commercial Companies Law No. (31) of 1957 in Baghdad as a private company under the name of the Iraqi Insurance Company, practicing all types of insurance and reinsurance.
The Iraqi Reinsurance Company was established pursuant to Law No. 21 of 1960, and its articles of association and bylaws were issued on April 25, 1960.
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 at the Ministry of Commerce.
Al-Amin Insurance Company was established pursuant to the Certificate of Incorporation No. 7607 on 7/31/2000 with a capital of (150) million Iraqi dinars (increased several times until it became two billion dinars fully paid).
Al-Wadq Company works in the field of insurance. It was established in 2014 in Iraq with a capital of 15,000,000,000 Iraqi dinars and has worked hard to provide distinguished insurance services with the highest standards required for the comfort and happiness of customers.
The company aims to contribute to economic development by providing insurance protection for members of society, national wealth, and economic activities, spreading insurance awareness, and investing money in what serves the national economy.
It was established in 2004 under the approval of the Ministry of Commerce/Companies Registration Department in Baghdad with Certificate No. M.S. 16833 on 5/25/2004 and obtained a license to practice insurance business.
Shatt Al-Arab Insurance Company is considered one of the five best insurance companies in Iraq as it is the best in providing high-quality services to customers. Shatt Al-Arab Insurance Company is a licensed insurance company that has been operating in Iraq since 2005.
In 2005, a number of distinguished businessmen studied the status and condition of the Iraqi market in general and the insurance market in particular, and the need for private sector insurance companies.
The company was established according to the establishment license (M.S. / 26787) on (5/8/2005) issued by the Ministry of Commerce – Company Registration Department. The company obtained a license to practice insurance business according to the license numbered 12/2006 on 9/25/2006 issued From the Insurance Bureau
Contributing to capital investment in the field of the insurance sector, both its productive and investment insurance aspects, by providing insurance protection for members of society, national wealth, and economic activities, and spreading insurance awareness.
Iraq International Insurance Company is one of the private companies operating in the Republic of Iraq and was established pursuant to the decision of the Ministry of Commerce/Companies Registration Department No. (Msh-1-5144 on 5/6/2007)
Delina Insurance Company was established in 2007 as a local company and has continued to grow through dedication and work. It will continue to provide the best comprehensive insurance services by working with the best international reinsurance companies.
Bima Moallem Insurance Company, which is established as a public shareholding company, carries out insurance activities directly in all areas of life insurance and other types of insurance under a license issued by the Iranian Central Insurance.
Dar Al-Thiqa Insurance Company (private shareholding), with a current capital of 5 billion dinars, was established in late 2009 by an elite group of Iraqi insurance men who worked for many years outside Iraq, and Iraqi businessmen, with strategic participation by the International Trust Group, which contributes to several insurance companies. Large in Bahrain, Qatar, Algeria, Libya, Syria, Lebanon, Yemen and Cyprus.
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 aims to contribute to economic development by providing insurance protection for individuals, society, and economic activities, spreading insurance and preventive awareness, and investing money efficiently and effectively to serve the Iraqi national economy. The company practices all types of general insurance and reinsurance.
Al-Badia is a joint stock company, established since 2011 in Baghdad and the governorates (Basra, Erbil) according to the certificate of incorporation issued by the Ministry of Commerce, Companies Registrar Department, No. 75567, and obtained a license to practice insurance business from the Ministry of Finance / Insurance Bureau, No. 26 on 3/5/ 2011
Asia Insurance Company is considered the insurance arm of Farouk Holding Group. Through its insurance activities, the company seeks to strengthen the Iraqi insurance market to become the first in the Arab region. Asia Insurance specializes in all types of general and medical insurance, namely fire, general accidents, engineering, marine, group health insurance and Singles.
The company was established in 2012 under the license to practice insurance business issued by your esteemed office, numbered 30/2012 on 11/22/2012, and it practices all types of insurance except life insurance.
The company was established pursuant to the decision of the Registrar of Companies in Erbil No. 7643 dated 6/21/2010 with a national capital of 40 billion Iraqi dinars, equivalent to 35 million dollars. It was also granted a license to practice the profession by the Ministry of Finance and Economy in the Kurdistan Region by its decision No. 4/4/15248. Dated 9/20/2010 and from the Insurance Bureau / Baghdad on 10/23/2013 pursuant to Approval No. 31/2013.
The company was established on 6/19/2000 under the certificate numbered 7423 issued by the Ministry of Commerce/National Companies Registration Department with a capital of 500,000,000 dinars, five hundred million Iraqi dinars, fully paid. It was increased to 7,000,000,000 dinars, seven billion Iraqi dinars. The Registrar of Companies was approached according to the company’s letter No. 20 on 2/17/2020 to take the necessary action
The company aims to develop the national economy within the framework of the state’s general policy by practicing insurance, reinsurance, investment, and providing advice on everything related to insurance in light of applicable laws and regulations.
Al Tadhamon Insurance Company was established pursuant to Business License No. (36) on September 29, 2016, with a capital of (15,000,000,000) dinars. It worked in accordance with the instructions of the Bureau and based on the Law Regulating Insurance Business No. (10) of 2005 and achieved extensive activity in the insurance sector.
Al-Andalus International Insurance Company is licensed by the Insurance Bureau / Ministry of Finance under No. 38/2018, with a capital of (15,000,000,000) fifteen billion dinars, and it practices all types of insurance.
It contributes to investing capital in the field of the insurance sector, both in terms of production and investment insurance, by providing insurance protection for members of society, national wealth, and economic activities, and spreading insurance awareness and prevention of dangers.
Saman Insurance Company is one of the most famous international insurance companies in cooperation with one of the largest investment holding companies (German NSP Company), enjoying an active presence in each of the countries (Iran, Afghanistan, Turkey, and Lebanon).
Al-Wad Company (formerly Al-Ikhaa) was established in the year 2011. Within the framework of its ambitious strategic plan, it seeks to operate as a competitive insurance institution that provides innovative solutions and occupies a leading position in the market among insurance institutions.
Dar Al-Aman Company is a leading company in Iraq, established in 2012 to provide a wide range of insurance solutions for personal and institutional use with the support of a professional team.
The company’s capital, amounting to (15) billion Iraqi dinars, aims to raise the wheel of the national economy by activating the role of the economic sectors related to the project in addition to achieving economic and social benefits at the overall level of the national economy and increasing confidence in financial and commercial transactions within the country in addition to the role of banks in this field.
The company aims to contribute to the national economy, whether in the field of insurance, spreading insurance awareness or investing money in investment channels in a way that leads to the growth and progress of the national economy. The company practices all types of insurance and reinsurance work and all types of investment within the applicable laws and instructions and carries out legal actions and actions in the field of its competence.
It was established with a capital of (15,000,000,000) fifteen billion Iraqi dinars. The company aims to contribute to supporting the national economy in the field of insurance and spreading insurance awareness.
Albatek Insurance and Reinsurance Company is one of the leading companies in the insurance sector.