Please wait...
GulfBase Live Support
- Saudi banks well positioned to weather economic shocks: Fitch
- Qatar to Invest Hundreds of Millions to Support Lebanon
- stc wins in two categories at Global Business Outlook Awards 2025
- OPEC+ may keep its pause on oil output increases as prices climb
- Bahrain All Share Index marks 2,051.57 points
- Digital City Bahrain awards design, lead consultancy contract for Trio Park
- World Bank Says Saudi Arabia Partnership Turns Policies into Economic Opportunities
- Kuwait scraps oil tenders worth $10bn after bids exceed budget
- Deal signed for wind turbine plant in Duqm
- Madayn plans 98 projects over next 5 years
13/03/2011 00:00 AST
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 general assembly of the company's shareholders, Behbehani said shareholders' contribution to the company's assets rose to KD 53.2 million, against KD 38.5 million. The assembly recommended the distribution of 20 percent cash dividends on shareholders, 20 fils per share, Behbehani announced.
The company's premiums went up to KD 30.4 million, vise-a-vise KD 29.5 million, he said. The KIC has also maintained its position at the top of the local market despite the increase of rival companies. The company's investment activities also recorded profits in 2010 estimated at KD 1.4 million, vise-a-vise KD 12.9 million-losses a year earlier. KIC is the largest and oldest insurance company in Kuwait as it was established in 1960.
KUNA
08/04/2014
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 co
KUNA
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
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 |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 144.00 | 0.20 (0.13 |
| TAWUNIYA | 119.30 | -2.40 (-1.98 |
| RASAN | 118.60 | 0.60 (0.50 |
| ALRAJHITAKAFUL | 86.90 | 0.55 (0.63 |
| QATI | 1.93 | 0.00 (0.00 |
27/01/2026
Kuwait Telecommunications Company - stc, a world-class digital leader providing innovative services and platforms to customers, enabling the digital transformation in Kuwait, announced that it has wo
Kuwait Times
27/01/2026
QIIB has reported a 7.2% year-on-year increase in net profit to QR1.35bn in 2025 and recommended a total 53% dividend.
Earnings-per-share (EPS) increased to QR 0.82 in 2025, reflecting the l
Gulf Times
27/01/2026
QNB Group, the Lead Sponsor and strategic partner of Web Summit Qatar 2026, is reaffirming its position as a driving force behind the country's digital transformation journey.
By uniting dec
Gulf Times
27/01/2026
Al Habtoor Group said it will move forward with legal action against Lebanon after years of unresolved investment disputes and mounting losses of $1.7 billon linked to banking restrictions and state
Arab News
27/01/2026
Commercial Bank, the first bank in the market to introduce digital account opening, has further strengthened its leadership in innovation with the launch of its newly enhanced Corporate Digital Accou
The Peninsula
Financial Information Co.
Saudi Arabia