08/04/2014 10:45 AST

Kuwait state news agency KUNA reports that Kuwait Insurance Company posted KWD 4.2 million in net profits for 2013 compared with KWD 3.9 million for 2012.

In a statement approved by the company's ordinary and extraordinary general assembly held Monday, earnings per share were reported at KWD 0.227 for 2013, up from KWD 0.20 in 2012. The general assembly approved at dividend payout of 20 per cent (KWD 0.20/share). Shareholders' equity increased to KWD 54.16 million from KWD 46.19 million a year earlier.


KUNA

Capital Standards Rating assigns A- to Kuwait Insurance

19/07/2011

Capital Standards Rating (CSR) has assigned an Insurer Financial Strength Rating (IFSR) of "A-" and a national scale rating of "AA-kw" to Kuwait Insurance Company (KIC), the outlook is stable

CPI Financial

Kuwait Insurance posts KD 3.8 million profits for 2010

13/03/2011

Kuwait Insurance Company posted KD 3.8 million profits for 2010, compared with KD 6.2 million losses the previous year, the company Chairman Mohammed Behbehani said Sunday.

Addressing the g

KUNA

Moody's assigns Baa1 IFS rating to Kuwait based KIC

01/12/2010

Moody's Investors Service has today assigned a Baa1 insurance financial strength rating (IFSR) to Kuwait Insurance Company ("KIC"), based in Kuwait. The rating outlook is stable.

Ratings

AME Info

Ticker Price Volume
RIBL 29.65 2,130,721
ALDREES 141.40 522,113
EIC.ADX 7.95 0
GULFUNIONALAHLIA 17.40 234,780
ALBABTAIN 44.20 361,872
MUTAKAMELA 19.42 2,022,103
MIDAN 757.00 0
KINS Sector Market
Price/BookValue
Dividend Yield (%)
Ticker Price Change
BUPAARABIA 189.00 -1.00 (-0.53%)
TAWUNIYA 156.80 1.00 (0.64%)
ALRAJHITAKAFUL 175.20 1.40 (0.80%)
QATI 2.16 -0.01 (-0.37%)
RASAN 92.40 0.90 (0.98%)
ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination

06/02/2025

Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's

Arab News

Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions

05/02/2025

Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi

Saudi Gazette

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette