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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 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

Gulf Insurance Group was established in 1962 in Kuwait and now is considered to be among the most prominent companies in the insurance sector in the Gulf region and the largest one in Kuwait in terms of written and retained premiums. Gulf insurance carries out all types of insurance, indemnities, compensations with operations of life and non-life Insurance through a network of 15 branches and offices across Kuwait.

Legal Address
Kipco Tower, Floor 42,Khaled Ibn Alwaleed Street,P.O Box 1040 Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13011

Contact Details: Purchase the Gulf Insurance Group K.S.C.P report to view the information.

Website: http://www.gulfinsgroup.com

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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Director / Member of the Management Board
Ownership Details
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45.99%
Subsidiaries
Algeria Gulf Life Insurance Company (Algeria)
42.5%
Health 360 Ancillary Service Company W.L.L.
41%
Al-Buruj Co-Operative Insurance Company (Saudi Arabia)
27%
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
5.88%
Operating profit (EBIT)
25.93%
Net Profit (Loss) for the Period
47.28%
Total assets
12.72%
Investments
-1.31%
Receivables
-58.95%
Total equity
7.55%
Net Premiums Earned Trend
-17.52%
Net Profit Trend
1798.1%
Return on Equity (ROE)
3.56%
Loss Ratio
2.65%

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