Emphasis on National Employment Ratios in the Insurance Sector

Kuwait officials emphasize compliance with national employment quotas within company workforces by mandating the submission of an official annual disclosure detailing the size and proportion of Kuwaiti nationals employed, in accordance with the required ratios for registered positions.

This directive was issued in Circular No. 20 of 2026 regarding the approval of a data model and quotas for Kuwaiti national employees in the insurance sector. The circular states that the Insurance Regulation Unit urges all entities under its supervision to operate in accordance with the specific model for data on the proportion of Kuwaiti nationals employed in the insurance sector, in line with decisions issued by the Unit and/or relevant competent authorities, including the ratios specified in Annex No. 4 of Decision No. 12 of 2025. The model must be completed based on the company’s status as of December 31 of each year and submitted to the Unit, fully completed with all required information and endorsed in accordance with the instructions provided in the model, within a maximum period of 90 days from the end of the fiscal year.

The circular stressed that all companies must complete all data fields in the forms, ensuring that the data and required ratios reflect the situation as of December 31 of each year. The completed forms must be submitted to the Unit annually within 90 days from the end of the company’s fiscal year each year. Failure to comply with the provisions of this circular entitles the Unit to hold the violator accountable under Law No. 125 of 2019 concerning the regulation of insurance and its executive regulations and amendments, as well as any other relevant legislation, and to take all necessary legal actions against them.

The data required from companies to be completed includes the total number of employees at the company, the total number of national employees, a statement on the extent of compliance with the overall mandated quota for national employees, and a breakdown of the proportion of Kuwaiti national employees across job grades, including senior executives, the executive management team, and other staff, along with the respective national employment ratios for each category.