We, in WARBA Insurance Company believe that there should be a solid corporate governance, as robust corporate governance principles form the basis for investors and shareholders’ confidence. Therefore, our corporate governance system was drafted to comply with the law of commercial companies and the rules of corporate governance issued by the Capital Markets Authority in the State of Kuwait. This is reflected in the company’s Guide to Corporate Governance, which considers all aspects set forth by regulatory authorities, in addition to the best global practices.

The Board of Directors took upon itself the responsibility of compliance with those standards through compliance with the criteria of good governance and a package of policies, procedures and mechanisms, in addition to the adoption of an organizational structure that defines responsibilities, powers and channels of communication between various administrative levels and regulates the relationship between each of the shareholders, Board of directors, executive management and stakeholders.