Gulf Insurance Group announces KD 10.7 mn (US$ 35.2 mn) net profit for the first nine months of 2019 GWP reached KD 266.2 mn (US$ 874.9 mn).

11 November 2019

 

Kuwait City, 11 November 2019: Gulf Insurance Group (gig) announced a net profit of KD 10.7 million (US$ 35.2 million), or 59.63 fils per share, for the first nine months of 2019 compared to net profit of KD 10.6 million (US$ 34.8 million) and 59.2 fils per share for the same period last year. This increase is due to the improvement of Group’s underwriting results and Group’s share of results from its subsidiaries.

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gig’s Battle Fitness Festival to lead Middle East fitness events

06 November 2019

 

gig Battle fitness Festival’s 1st annual Fitness event by Gulf Insurance Group kicked off on 1st and 2nd of November at the Green Island in collaboration with Circuit+ Fitness who organized the region’s largest fitness event.

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gig Connect Issue-3

20 October 2019

 

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Gulf Insurance Group continues to be distinguished by its strong financial strength ratings for 2019

10 September 2019

 

Kuwait City, 10 September 2019 - Gulf Insurance Group, one of the leading insurance service providers in Middle East and North Africa region, announced that Standard and Poor’s Global rating agency has affirmed the credit rating of gig at 'A-' and revised the outlook to stable from negative. In addition, A.M. Best rating agency affirmed the group’s financial strength rating at “A” Excellent and revised the outlook from stable to negative.

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Gulf Insurance Group announces net profit of KD 8.1 million (US$ 26.7 million) with 23.2% growth for the first half of 2019

06 August 2019

 

Kuwait City, 6 th August 2019: Gulf Insurance Group (gig) announced a net profit of KD 8.1 million (US$ 26.7 million), or 45.32 fils per share, for the first half of 2019 compared to a net profit of KD 6.6 million (US$ 21.7 million) for the same period last year, an increase of KD 1.5 million (US$ 5 million) or 23.2 percent. This increase is due to the improvement in the Group’s underwriting and investment performance results

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Gulf Insurance Group announces net profit of KD 3.7 million (US$ 12.3 million) for the first quarter of 2019

14 May 2019

 

Kuwait City, 14th May 2019: Gulf Insurance Group (gig) announced a net profit of KD 3.7 million (US$ 12.3 million), or 20.90 fils per share, for the financial period ended March 31, 2019 compared to KD 3.3 million (US$ 11 million) for the same period last year. This rise of KD 0.4 million (US$ 1.3 million) or 12.2 percent, is due to the increase in the group’s net underwriting results and increase of the share of results from its subsidiaries.

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Gulf Insurance Group has achieved positive growth in many financial KPIs that reflects the Group's success in developing its operations

31 March 2019

 

Kuwait City, March 31, 2019- Gulf Insurance Group held its 57 th Ordinary General Assembly Meeting, during which shareholders approved the Board of Director’s recommendation to distribute a cash dividend of at 36% (36 fils per share) for the year ended December 31, 2018.

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Gulf Insurance Group announces KD 11.9 million (US$ 39.2 million) in net profit for 2018 with 18.2% year-on-year growth

20 February 2019

 

Kuwait City, 20 Feb, 2019: Mr. Farqad Abdullah Al-Sane, Chairman of Gulf Insurance Group (GIG), announced today that the Group achieved a net profit of KD 11.9 million (US$ 39.2 million), or 66.49 fils per share for the financial year ended December 31, 2018.

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Gulf Insurance Group donates in cooperation with Operation Hope

08 January 2019

 

Kuwait: Gulf Insurance Group (gig), one of the leading insurance service providers in the Middle East and North Africa region, started the new year in a different manner by donating to those in need in cooperation with Operation Hope, a non-profit organization whose goal is alleviating the suffering within Kuwait since 2005.

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Gulf Insurance Group announces KD 10.6 mn (US$ 35 mn) net profit with 35.7 percent growth for the first nine months of 2018

05 November 2018

 

Gulf Insurance Group (gig) announced a net profit of KD 10.6 million (US$ 35 million), or 59.20 fils per share, for the first nine months of 2018. This is up 35.7 percent from KD 7.8 million (US$ 25.8 million) recorded for the same period last year. This increase is due to the improvement of Group’s underwriting results and Group’s share of results from its subsidiaries.

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