Kuwait's Insurance Regulatory Unit (IRU) announced on 14 October that it has referred three insurance brokerage companies to the Public Prosecution. The unit said the referrals are for legal action on suspected offences attributed to the brokers under Law No. 125 of 2019 on the regulation of insurance and its executive regulations. It did not name the companies or describe the offences.
The IRU also sent warnings to four insurance companies over breaches of the same law, its regulations and the decisions issued under it. It told the four insurers to correct the breaches to avoid suspension measures.
Talal Al-Muharib, director of the IRU's legal affairs department, said the unit will not be lenient towards any entity that is proven to have broken its legal obligations or put customers' rights at risk.
The action follows a 7 October meeting between the IRU and Kuwait's Ministry of Interior, at which both sides agreed to run joint inspection campaigns against violations by people working in the insurance sector.
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Insurance Regulatory Unit (Kuwait) ↗Regulator · 14 Oct 2026
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