Wethaq Takaful Insurance Co. KCSC (WETH)

Wethaq Takaful Insurance Company K.S.C.P. engages in takaful insurance, investment, and car rental businesses in Kuwait. The company’s products portfolio comprises motor vehicle insurance products, including comprehensive, geographical extension, driving license, private personal accidents/orange card/road assistance/replacement vehicle, warranties, and TPL- all-terrain vehicle insurance; fire and property insurance products, such as fire and allied perils/property all risk, house holders comprehensive, burglary, and plate glass insurance; and liability insurance products consist of general third-party liability, employer’s liability, hauliers, TPL-motor, and TPL-boat policies. It also provides construction and engineering insurance products, such as contractors all risks/rigs, erection all-risks, construction plant and machinery, machinery breakdown, electronic equipment, and workmen compensation insurance; and group takaful and group medical insurance products comprising group takaful, group medical, workmen compensation, and personal accidents/domestic helpers, as well as travel assistance, including schengen cover policies. In addition, the company offers financial insurance products, such as professional indemnity/medical malpractice, credit life, bankers blanket bond/investment management insurance/purchase protection and secure wallet programs/computer crimes/directors and officers, business interruptions, money in transit, and fidelity guarantee/money in safe; marine and aviation insurance products for marine cargo, hull, aircrafts, and helicopters; and reinsurance services. Further, the company involved in purchase, sale, and lease of land; real estate investment and marketing activities; and trading of cars and spare parts. Wethaq Takaful Insurance Company K.S.C.P. was incorporated in 2000 and is headquartered in Kuwait City, Kuwait. Wethaq Takaful Insurance Company K.S.C.P. is a subsidiary of Investment Dar Company K.S.C.