Trust House Insurance Company
Dar Al Theqa Insurance Company (Trust House Insurance company) a private shareholding was founded by Iraqi insurance men whom worked long years outside Iraq, Trust Group and businessmen in Iraq.
The company was registered in Baghdad on 30/09/2009 with a fully paid share capital of IQD 1,012,000,000 increased in March 2014 to IQD 5,000,000,000 in compliance with the Insurance Diwan Order concerning insurance companies’ capital.
The company was granted licence to carry out insurance activities by the Insurance Diwan on 15/03/2010 (Licence 21 of 2010).
Trust House started its activities in 2010 from head office in Baghdad and completed a branch in Erbil covering Kurdistan Region and another branch in Basra covering the Southern governorates and became the leading private insurance company on Iraq. Trust Group www.trustgroup.net is a major shareholder of Trust House Insurance Company with direct insurance operations in Algeria, Libya, Cyprus, Palestine, Lebanon, Syria , Yemen and affiliated operations in Qatar and UAE.
The reinsurance arm of the group is Trust International Insurance and Reinsurance Company (Trust Re), Bahrain www.trustre.com rated “A-“ by S&P and AM Best with an authorized capital of USD 500 million and fully paid of USD 250 million.
Trust House Insurance Company is ready to cover all types of non-life insurance mainly property for building, factories, warehouses and power stations, Personal Accidents also insuring engineering projects of residential complexes, schools, hospitals, infrastructure projects, companies and banks and others. We also cover all type of liabilities, marine insurance, money in safe and in transit.