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Since 1980, AWRIS has been serving as the leading war risks insurance syndicate in the Arab region, with a primary goal of preserving the interests of national and regional insurance markets, offering a comprehensive range of insurance covers backed up by worldwide A-rated entities.

History

The Arab War Risks Insurance Syndicate (AWRIS) was established on July 1, 1980, following multiple meetings of representatives from several insurance and reinsurance companies operating in the Arabian Gulf countries. The Syndicate agreement was reached during a pivotal conference in Kuwait going into effect on January 1, 1981.

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The concept of establishing the Syndicate goes back to 1979, introduced to defend the interests of insurance firms and the wider Arab Gulf region. This led to the establishment of an organization (in the form of a Syndicate) to protect the interests of member firms and offer insurance against the risks they may face.

This organization would allow a member to obtain more value from their commission and profit commission, it would also assure fair and consistent pricing for war risk insurance cover on cargo and vessels traveling to and from the region.

Overview

AWRIS has been a prime example of pioneering pan-Arab ventures, as evidenced by its remarkable growth geographically and technologically over time, including over 189 Arab insurance and reinsurance member businesses from 16 Arab nations (as of 2022). The Syndicate prides itself on offering its members a comprehensive range of insurance covers backed up by top rated worldwide entities known for their highly technical skills and financial solidity.

With over 43 years of experience, AWRIS is synonymous with risk and protection. AWRIS has empowered and supported the Arab Region by stabilizing insurance rates for vessels and cargo inbound.

AWRIS operates with a sophisticated structure obtained and led by prime international reinsurers, including Lloyds of London and other A-rated key International industry players, with the primary goal of preserving the interest of member companies, as well as the national and economic interests of Arab countries.

Why Join AWRIS?

AWRIS has been a prime example of success and pioneering pan-Arab venture, as evidenced by its remarkable progress and development.

Our Team

Position

Name

Member Company

Chairman
Ashraf Bseisu
Solidarity Group - Bahrain
Deputy Chairman
Bassam Hussein
Doha Insurance Group - Qatar
Member
Dr. Ali Al-Wazaney
Gulf Insurance Group (GIG) - Jordan
Member
Fateh Bekdache
AROPE Insurance - Lebanon
Member
Lamia Ben Mahmoud
Tunis Re - Tunisia
Member
Mohammed Mazhar Hamadeh
Al-Ain Ahlia Insurance Company - UAE
Member
Omar Gouda
Misr Insurance Company - Egypt
Member
Sultan Al-Khomashi
Tawuniya - Saudi Arabia
Member
Tareq Al Sahhaf
Gulf Insurance Group (GIG) - Kuwait

Name

Department

Position

Imad Abdel Khaleq
Management
Chief Executive Officer
Hussam Taweel
Management
Chief Financial officer[email protected]
Ghassan Hamama
Management
Lana Zainal
Technical Dept.
Chief Technical officer [email protected]
Eman Haji
Technical Dept.
Technical Manager[email protected]
Mohammed Essa
Technical Dept.
Technical Manager[email protected]
Maryam Al Mutawa
Technical Accounting
Manager - Technical Accounting & Risk[email protected]
Ali Zayer
Digital Transformation
Digital Transformation Manager[email protected]
Mohammad Alaraj
Information Technology
Software & Hardware Manager[email protected]
Ahmed Al Faraj
Finance Dept.
Finance Manager[email protected]
Hasan Ali
Investment Dept.
Investment Manager[email protected]
Ayat Alghadeer
HR Dept.
Senior HR Officer[email protected]
Marwa Alansari
Compliance Dept.
Compliance and Corporate Governance Officer[email protected]

Annual Reports

2022
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2021
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2020
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2019
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2018
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2017
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Get in Touch

Platinum Tower, Building 190, Road 2803, 428 Seef, Kingdom of Bahrain
AR