KWSE: FTI Company Description
First Takaful Insurance Company - KPSC provides takaful insurance solutions to individual, commercial, and industrial sectors in Kuwait.
It operates through two segments, Takaful Insurance and Investment. The company offers life and medical insurance products, including domestic helpers policy; and fire and general accident insurance products, such as house holder’s comprehensive, property all risks, loss of profit, hotel comprehensive, energy, terrorism, fire and allied perils, burglary, fidelity guarantee, money, glass, workmen’s compensation, comprehensive crime, general public and product liability, professional indemnity, decennial liability, and directors’ and officers’ liability insurance products.
It also provides engineering insurance products, including contractor’s and erection all risk, contractor’s plant and equipment all risks, electronic equipment, machinery breakdown, deterioration of stock, boiler and pressure vessel, and loss of profit following machinery breakdown insurance products.
In addition, the company offers marine and aviation insurance products comprising hull, aviation, marine cargo, and freight forwarder’s and ship/liner agent’s liability insurance products; and motor insurance products that consists of comprehensive vehicle, third party liability, driver’s license, personal civil liability, and orange card insurance products, as well as fleet and vehicle total loss insurance policy products.
Further, it invests in the funds; and insurance and reinsurance consultancy services, as well as technical studies to companies involved in insurance activities.
The company was incorporated in 2000 and is based in Kuwait City, Kuwait. First Takaful Insurance Company – KPSC operates as a subsidiary of International Financial Advisory Firm.
Country | Kuwait |
Founded | 2000 |
Industry | Insurance Carriers |
CEO | Hussain Ali Al-Attal |
Contact Details
Address: Souq Al-Safat Building Kuwait City, 13058 Kuwait | |
Phone | 965 188 0055 |
Website | firsttakaful.com.kw |
Stock Details
Ticker Symbol | FTI |
Exchange | Kuwait Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | KWD |
SIC Code | 6300 |
Key Executives
Name | Position |
---|---|
Hussain Ali Al-Attal | Chief Executive Officer |
Malik Oraikat | Chief Financial Officer |
Malik Oraikat | Head of Investor Relations |