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Kuwait Insurance Company (S.A.K.P) (Kuwait)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Kuwait Insurance Company (S.A.K.P) Profile Updated: February 07, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

Kuwait Insurance Company (KIC) is a Kuwaiti insurance company headquartered in Safat in Kuwait. The company was incorporated in 1960 and it is the first national company in the State of Kuwait and the first insurance company in the GCC region. KIC provides a wide range of insurance services for all sectors and various projects. The company has 12 branches across Kuwait. KIC works together with major international contractors working in Kuwait.

Legal Address
Kuwait Insurance House,Abdulla Al Salem Street,P.O.Box 769 Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 13008

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Website: http://www.kic-kw.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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Ratings:
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Incorporation Date:
1960
Key Executives
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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
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Director / Member of the Management Board
Ownership Details
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7.4%
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5.18%
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5.05%
Subsidiaries
Company Performance
Financial values in the chart are available after Kuwait Insurance Company (S.A.K.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
-4.75%
Operating profit (EBIT)
17.16%
Net Profit (Loss) for the Period
18.26%
Total assets
-3.25%
Investments
-2.86%
Receivables
2.62%
Total equity
0.03%
Net Premiums Earned Trend
1.19%
Net Profit Trend
-149.15%
Return on Equity (ROE)
1.6%
Loss Ratio
10.47%

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