Warba Insurance and Reinsurance Company. Today, our company stands as a
beacon of excellence and leadership, driven by a clear strategic vision and
executed by a highly competent and experienced management and executive
team.
We have firmly positioned ourselves as a company that places the interests
of its clients and stakeholders at the heart of every decision. Our strict
adherence to the highest standards of corporate governance and transparency
has earned us enduring trust and opened new pathways for sustainable growth
and continuous innovation.
We are proud of our strong partnerships with some of the world’s largest and
most respected reinsurers, which have enabled us to deliver market-leading
insurance products that meet and exceed customer expectations. Our
achievements also include attaining prestigious global quality
certifications and applying best-in-class international standards across all
operations. Our BBB+ credit rating with a positive outlook is a testament to
our financial strength and operational resilience in an ever-evolving
market.
As we look ahead, we remain steadfast in our ambition to be recognized among
the world’s elite insurance providers. We will continue to invest in
innovation, nurture our talent, and elevate the customer experience. We are
confident that the unwavering support of our clients, partners, and
shareholders, coupled with the dedication and excellence of our team, will
continue to be the cornerstone of our long-term success and growth.
With my highest regards,
Mr. Anwar Jawad Bu-Khamseen
Chairman of the Board
Dear Board Of Directors,
It is with immense pride and gratitude that I present to you our annual
statement for what has been an extraordinary year of performance,
innovation, and strategic investment. As we reflect on 2024, I am
thrilled to report that our company has not only reached; but
significantly exceeded expectations, delivering record-breaking
financial results, and positioning ourselves for sustained growth and
success in the years to come.
A Commitment to Excellence & Culture beyond financial success, our
people remain our greatest asset. We have fostered a culture of
excellence, innovation, and inclusivity, empowering our employees to
reach their highest potential. This year, we implemented initiatives
focused on talent development, leadership training, and workplace
diversity, solidifying our reputation as an employer of choice.
Looking Ahead
As we embark on a new year, we are more confident than ever in our
ability to navigate an evolving global landscape with agility and
foresight. Our robust balance sheet, strategic investments, and
relentless pursuit of innovation will position us for continued success
for years to come. With unwavering dedication, we will seize new
opportunities, drive sustainable growth, and create lasting value for
our shareholders and stakeholders alike.
On behalf of our leadership team, I extend my sincere appreciation for
your continued trust and support. We are committed to deliver success in
the years to come.
Regards,
Anwar F. Al-Sabej
Chief Executive Officer
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