Reinsurance brokerage company (issuance)

Service Description

  • This service allows having reinsurance brokerage companies (issuance) for business sector.

Eligibility or Criteria

  • 1. The applicant must be Kuwaiti
  • 2. The applicant must not be less than 21 years old.
  • 3. The applicant must be of a good reputation and conduct.
  • 4. The applicant must have not been declared bankrupt.
  • 5. Academic qualifications and experience certificates must be available for the office manager.
  • 6. The applicant for the contract must be a Kuwaiti legal person. If the legal person is part of a partnership, all the joint partners must meet the previous criteria, as per the ministerial decision No. (182) of 2003 and ministerial decision No. (81) of 2012.
  • 7. The applicant must be 30 years old and have full civil capacity.
  • The applicant must be completely free for the management.
  • 9. The applicant must be legitimately resident in Kuwait.
  • Criteria for the manager of a reinsurance brokerage company:
  • 1. University degree or fellowship degree from the Charted Insurance Institute (CII) in UK, with experience in Insurance of not less than 5 years
  • 2. Masters degree in one of the previous fields, with experience of not less than 7 years
  • 3. PhD in one of the previous fields with experience of not less than 7 years
  • 4. The academic degrees and experience certificates must be officially attested in Arabic (for the office manager).

Required Documents

  • 1. Lease contract + receipt
  • 2. Copy of Nationality certificate or civil ID
  • 3. Statement of the name of the person responsible for management
  • 4. Academic degree + experience depending on the degree, for the manager
  • 5. Passport, for the manager
  • 6. Copy of civil ID, for the owner of license
  • 7. Letter from the Public Institution for Social Security, for the license owner
  • 8. Copy of the company license, for partnership companies
  • 9. Certificate of professional liability insurance


Visit the Ministries Complex, Ministry of Commerce and Industry, 2nd floor, 1st block, Insurance Department and submit the required documents.


(200) KD for issuance

Downloadable Forms

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