About Us
Established under Law (56) of 1950 and transformed under Law No. (22) In 1997, the National Insurance Company became one of the largest Arab companies in the insurance sector. Our capital as per Cabinet Resolution (481) for 2021 amounts to 60 billion Iraqi dinars.
We offer diverse insurance coverage, reinsurance, and investments, providing advisory services in life insurance, reinsurance, ship and aviation insurance, engineering and agricultural insurance, car insurance, fire and accident insurance, and marine insurance.
Our Vision
To spread the correct insurance culture in society, raise awareness about its importance in mitigating societal problems caused by accidents and hazards, and help insured parties return to their pre-damaged economic or health status.
Our Mission
As Iraq’s leading insurance company, we aim to preserve the national economy and encourage the labor market by providing safety and reassurance to investors and businesses, thereby fostering national growth.
Our Goals
To contribute to economic development through our insurance, production, and investment activities. By offering comprehensive insurance coverage, we protect individuals and national wealth, driving economic stability and growth.
Our Activities
- General insurance: Marine, fire and accident, auto, agricultural, and engineering insurance.
- Life insurance and reinsurance.
- Advisory services related to insurance.
- Investments: Real estate, deposits, shares, and real estate lending.
Our Contributions
The company contributes to:
- 42 local companies.
- Bahrain National Holding Company.
- Arab Reinsurance Company (Beirut).
- Arab Insurance Institute (Damascus).
- Arab Fund for War Risk Insurance (Bahrain).
Our Investments
- Real estate investments.
- Deposits and transfers.
- Contributions to Iraqi and Arab mixed/private companies.
- Real estate lending.
