Insurance Regulatory Unit (Kuwait)
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Formed1 September 2019
Jurisdiction
Kuwait
KuwaitHeadquartersKAMCO Tower, Kuwait City.
Parent departmentMinistry of Commerce and Industry
 | |
| Authority overview | |
|---|---|
| Formed | 1 September 2019 |
| Jurisdiction | Kuwait |
| Headquarters | KAMCO Tower, Kuwait City. |
| Parent department | Ministry of Commerce and Industry |
| Website | iru.gov.kw |
The Insurance Regulatory Unit (Arabic: وحدة تنظيم التأمين) was established in accordance with Law No. (125) of 2019 regarding the regulation of insurance issued in the Official Gazette on 01-09-2019, and according to the law, the unit regulates insurance activity and controls it in a manner that is fair, transparent and competitive, and develops insurance activity. In line with international best practices and providing protection for all stakeholders involved in the insurance activity.[1][2][3][4]
