Kuwait's insurance regulator drops KWD 10 fee for registering professional certificates
Kuwait's Insurance Regulatory Unit has issued Resolution No. 51 of 2026, which removes the KWD 10 fee charged for each professional certificate entered in its records. The change amends Article 19 of the executive regulations of Insurance Law No. 125 of 2019 and applies from 4 November 2026.
GCC desk AI-assisted summary · Source checkedReported by Insurance Regulatory Unit, Kuwait — circulars on Summary published 5 November 2026
Illustration. Not a photograph of the event.
Kuwait's Insurance Regulatory Unit (IRU) has cancelled one of the fees in the executive regulations of the insurance law, according to Resolution No. 51 of 2026 published on its website. The resolution deletes item 43 from the fee table in Article 19: a charge of KWD 10 for each professional certificate entered in the unit's records.
The decision follows a meeting of the IRU's Higher Committee on 3 November 2026 and refers to earlier resolutions on the conditions and application process for registered positions and functions. It takes effect from its issue date of 4 November 2026 and is to be published in the official gazette. Higher Committee chairman Mohammad Sulaiman Al-Otaibi signed the resolution.
Kuwaits Insurance Regulatory Unit has issued Circular No. 23 of 2026 on the application of IFRS 18, the new international standard governing presentation and disclosure in financial statements.
