Page 40 - of Khadrun’, and that Mark said about the lineage of Jesus son of ‎Mary that he was 'The word of God which He placed in the human ‎body, so it became human’, and that Luke said, 'Jesus son of Mary ‎and his mother were humans of flesh and blood, so the Ho
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Investor Guide to Iraq 2021



                                                                                  Insurance Companies
                                The number of insurance companies in Iraq reached (34) companies, including three public insurance companies while the rest
                                are insurance companies belonging to the private sector. The total assets of the three public companies amounted to 147,727.7
                                million dinars. The ratio of the assets of each company to the total assets of these companies is distributed unevenly. The largest
                                market share for the General Iraqi Insurance Company was the social insurance (78%) of the total insurance of the company. As
                                for Iraqi Reinsurance Company, the major market share was the fire insurance by 63% of the total insurance of the company. We
                                do not have enough data about the Iraqi State Insurance Company.
                                The share capital of these companies reached 32,000 million dinars. The percentage of profits of public companies to total assets
                                are  as  follows:  National  Insurance  Company  67%  General  Iraqi  Insurance  Company  13%  Iraqi  Reinsurance  Company  2%
                                Although the reinsurance company has its assets 42% of the group of public companies, but the profits rate is low and this is due
                                to several reasons, the most important of which is the lack of branches to this company.




                                Protection of Trade Brand Names, Industrial Designs, Copyrights

                                Copyright Protection

                                The Iraqi copyright laws aim to meet international standards currently applicable and take into consideration the standards of the
                                World Trade Organization. The intellectual property commission f the Ministry of Culture is regarded as being responsible for

                                copyright registration, and it protects, under the current rules, authors of creative works of literature, art and science, etc. An

                                author is regarded as being the individual who published a work attributed to them. Protection includes whoever renders into
                                Arabic a work - translating, editing or rendering it. If the innovative work belongs to someone else, the authorship rights belong

                                to the author unless there is an agreement establishing otherwise.
                                It is not permitted to copy serialized novels or short stories, nor to copy other literary or scientific works published by the authors

                                in newspapers or novels except with their permission. The financial rights of the author are protected over the life of the author


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