Creation of “Gulf-Al-Fajr Insurance and Reinsurance Company”

The merger of International Trust Insurance Company, a branch of Gulf Insurance Company, with Al-Fajr Insurance and Reinsurance Company has definitively been approved. The new entity, property of Gulf Insurance Company - a branch of the Kuwaiti group Kuwait Projects Company (KIPCO) - was named Gulf-Al-Fajr Insurance and Reinsurance Company.