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Warba Insurance & Reinsurance Company
Warba Insurance & Reinsurance Company was established in 1976 under the ultimate ownership of Bukhamseen Holding Company. Anwar Jawad Bukhamseen has served as...
Warba Insurance & Reinsurance Company
Warba Insurance & Reinsurance Company was established in 1976 under the ultimate ownership of Bukhamseen Holding Company. Anwar Jawad Bukhamseen has served as chairman since 2010. The insurer operates from Warba Tower in Kuwait City and maintains a corporate social responsibility program focused on health and community initiatives. The firm deploys capital across insurance underwriting, direct equity holdings and real estate. Asset classes include cash deposits, fixed income instruments, commercial property and operating businesses in healthcare and financial services. Confirmed positions include a 54.57 percent ownership of WAPMED TPA Services Company, a 25.7 percent stake in KIB Takaful Insurance Company and a minority interest in Partners Properties Company. Geographic exposure centers on Kuwait with additional activity through membership in the Federation of Afro-Asian Insurers and Reinsurers. Warba reports 318.47 million USD in assets. It maintains one additional vehicle through its CSR program and participates in industry events. In May 2025 the firm attended the Dubai World Insurance Congress. Service providers include Ernst & Young as auditor since 2023 and S&P Global Ratings for credit assessment. Ownership structure ties the insurer directly to Bukhamseen Holding Company as founder and parent, with board representation at Kuwait International Bank creating a standing co-investment channel in Takaful entities.
General information
Firm type
Insurance
Year founded
1976
AUM
318.47 (Altss estimate)
Location
Region
Middle East
Country
Kuwait
City
Kuwait City
Corporate office
Sharq Ahmad Al Jaber Street, Derwazat Abdul Razak Opposite to the Banking Complex, Warba Tower
Principals
Anwar Jawad Bukhamseen
Chairman of the Board
Sector focus
Frequently asked questions
Who runs investment decisions at Warba Insurance & Reinsurance Company?
Anwar Jawad Bukhamseen serves as chairman of the board since 2010 and oversees strategic holdings alongside the executive team.
Does Warba participate in fund commitments or only direct deals?
The firm holds direct equity stakes in operating businesses such as WAPMED TPA Services and KIB Takaful Insurance rather than external fund commitments.
Where does the underlying ownership come from?
Bukhamseen Holding Company is the ultimate parent and founder of Warba Insurance & Reinsurance Company.
What is Warba's known posture on co-investments alongside external partners?
Warba maintains a board seat at Kuwait International Bank and has partnered on Takaful ventures with that institution.
Which sectors does Warba hold positions in?
Confirmed holdings span healthcare services through WAPMED and financial services through KIB Takaful and Bahrain Kuwait Insurance Company.
Does Warba maintain philanthropic structures?
The firm operates a CSR program focused on health, safety and community development in Kuwait.
How does Warba source its investment opportunities?
Opportunities arise through its parent Bukhamseen Holding Company and long-standing partnerships with Kuwait International Bank and Al-Sayer Group.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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