Profile

Yemen General  Insurance Company:

Yemen General  Insurance Company (YGI) was established during February 1977 by participation of a group of prominent businessmen the forerunner of whom was Thabet Brothers Group of Companies who undertakes various industrial, commercial & service activities inside and outside Yemen.

The Saudi Arabian Insurance Company (SAICO) joined in the establishment of the Company in representation of the Arab Commercial Enterprises Group (ACE).

With its Head office in Sana'a, the Company started its operations with a capital of Yr. 5,000,000 in Hodeidah and successfully grew to a fully paid up capital of Yr. 1,000,000,000 in 2010, underwriting all classes of insurance including life.

We have a team of qualified Yemeni technicians trained in Switzerland, Germany and England serving various insurance departments who are not only keen to meet with our client’s needs but to offer consultancy service as well.

We established  branch for TAKAFUL Islamic Insurance for all classes of insurance business in 2010.

 YGI is an ISO certified Co. (ISO 9001-2000 in 2005, ISO 9001-2008 in 2010-2016 and  ISO 9001-2015 in 2017.)

Abridged Information