The Bureau was established in accordance with Law No. 10 of 2005 regulating insurance business in Iraq.

Objectives of the Bureau

The Bureau aims to regulate and supervise the insurance sector in Iraq.

To enhance the role of the insurance industry in protecting people and property against risks.

Vision

Organizing and developing the insurance sector to achieve sustainable institutional excellence

Mission

Providing effective regulatory services to all public and private insurance and reinsurance companies, branches of foreign insurance companies, insurance and reinsurance brokers, insurance agents and experts, and accredited insurance service providers by our office, to ensure the legality, financial soundness, and technical performance of their operations, to encourage fair competition among companies, to strengthen the stability of the insurance market, to enhance the role of the insurance industry in protecting individuals and property against risks for the protection of the national economy, and to collect, develop, and invest national savings to support economic development.

Core values

1- Transparency.

2- Integrity.

3- Justice.

4- Neutrality.

5- Independence.

6- Social responsibility.

7- Commitment.

8- Honesty.

9- Respect.

10- Innovation.

11- Creativity.

12- Equal opportunities.

13- Institutional excellence.

14- Professionalism.

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