The Kuwaiti supervisory authority has closed two insurance companies for illegal practices.
Both companies, whose names have not been disclosed, were among the six insurers that were suspended [4] in April 2019. A third company is subject to the same sanctions and for the same reasons.
Read also | Top 10 insurance companies in Kuwait [5]
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[3] https://www.atlas-mag.net/en/issue/coronavirus-crash-test-for-chinese-insurance
[4] https://www.atlas-mag.net/en/article/kuwaiti-authorities-suspend-the-activities-of-12-insurers
[5] https://www.atlas-mag.net/en/article/top-10-insurance-companies-in-kuwait-ranking-per-gwp