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Gulf Insurance Group K.S.C.P (Kuwait)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Gulf Insurance Group K.S.C.P Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Gulf Insurance Group is a public shareholding company listed on Boursa Kuwait. It is one of the largest and most diversified insurance groups in the Middle East and North Africa region, with leading positions in Kuwait, Jordan, and Bahrain. The company claims to have a strong competitive market position in Kuwait, Jordan, Bahrain, and Egypt. Gulf Insurance Group's digital strategy focuses on transforming the company into a customer-centric and data-driven digital organization to achieve sustainable competitive advantage and profitability.

Headquarters
Kipco Tower, Floor 40, Khaled Ibn Alwaleed Street Office No 49 50, Shark, P.O Box 1040
Jahra; Jahra Governorate; Postal Code: 13011

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Website: http://www.gulfinsgroup.com/home

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1962
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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46.32%
Subsidiaries
Axa Insurance Gulf B.S.C.C (Axa Gulf) (Bahrain)
100%
Gulf Sigorta A.S. (Turkiye)
99.22%
Gulf Insurance And Reinsurance Company K.S.C. (Closed) (Giri)
99.8%
Company Performance
Financial values in the chart are available after Gulf Insurance Group K.S.C.P report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
852.4%
Operating profit (EBIT)
-74.84%
Net Profit (Loss) for the Period
-40.52%
Total assets
0.23%
Investments
-10.5%
Total equity
-0.45%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-3.45%
Underwriting Expenses Ratio
-43.09%

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