Gulf Insurance Group successfully entered the Turkish insurance market and achieved net profit of KD 12.00 million with 67.02 fils per share and distribution of 40% cash dividend.

02 April 2017

 

Kuwait City, April 2 2017- Today, Gulf Insurance Group held its Fifty-fifth ordinary general assembly ,the group announced achieving net profit of KD 12.00 million (US$ 39.3 million), equivalent to 67.02 fils per share for the financial year ended December 31st, 2016. With a decline of 14.8 percent compared with a profit of KD 14.09 million (US$ 46.1 million) from last year, The results impacted by the decline of some Arabian currencies against the Kuwaiti dinar, especially the devaluation of the Egyptian pound as a result from the floating of currency in Egypt which occurred in November 2016.

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Gulf Insurance Group announces KD 12 million (US$ 39.3 million) in net profit of 2016 with EPS fils 67.02

22 February 2017

 

Kuwait City, 22 Feb, 2016: Gulf Insurance Group (GIG) announced today that it has achieved a net profit of KD 12 million (US$ 39.3 million), or 67.02 fils per share for the financial year ended December 31, 2016, compared to KD 14.09 million (US$ 46.1 million) in 2015 with decrease of 14.8 per cent.

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Gulf Insurance Group continues to support The Protégés.

30 January 2017

 

Gulf Insurance Group, the leading insurance services provider in Kuwait and the Middle East, has announced its continuous support to The Proteges Program for the fourth consecutive year under KIPCO’s umbrella. The support is in line with our Corporate Social Responsibility (CSR) program, which is aimed at the continuous support of initiatives that benefit society for a social cause that makes Gulf Insurance a constant and active member of the society.

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Gulf Insurance joins forces with Pro-Vision Sport Management Co.

18 December 2016

 

Kuwait 18, December.2016: Gulf Insurance Group, a leading company in the field of rendering the insurance services in the State of Kuwait and the Middle East, has teamed up with a renowned company Pro-Vision Sport Management Co. Since 2007, Pro-Vison has specialized in organizing sporting events and their goal has been to raise the health awareness and sport practice among our society by creating various exciting events. This goal collerates with Gulf Insurance’s priority to promote and empower our society to establish a healthy lifestyle, especially for our youth.

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Gulf Insurance Group announces KD 10.6 million (US$ 35 million) net profit for the nine months ended 30 September 2016

02 November 2016

 

Kuwait City – 2nd November, 2016: Gulf Insurance Group (gig) announced a net profit of KD 10.6 million (US$ 35 million), or 58.99 fils per share, for the nine months ended 30 September 2016 compared to KD 11.2 million (US$ 37.3 million) for the same period last year with a decrease of KD 0.6 million (US$ 2.3 million) or 5.9%.

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Gulf insurance Group (GIG) sponsors KIPCO Group TMKEEN Award 2016

01 November 2016

 

Kuwait city – 1, November,2016; Gulf Insurance Group, as a leading company in the field of rendering insurance services in the State of Kuwait and the Middle East, announced its support towards KIPCO Tmkeen Awards for young entrepreneurs.

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Gulf Insurance Group announces KD 7.1 million (US$ 23.6 million) net profit for the first half of 2016

28 July 2016

 

Gulf Insurance Group announces KD 7.1 million (US$ 23.6 million) net profit for the first half of 2016

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Gulf Insurance Group to acquire Turkish Non-Life Insurer

13 June 2016

 

Kuwait City: 14th June 2016 - Gulf Insurance Group K S C P [“gig”] (KSE: GINS), the leading insurance service provider in the Middle East and North Africa region, announced today that it has successfully obtained the approval from Turkish regulators to acquire 90% stake of ‘Turins Sigorta’, a Turkish Non-Life insurer.

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Gulf Insurance Group announces KD 3.3 million (US$ 10.9 million) first quarter 2016 net profit

08 May 2016

 

Gulf Insurance Group (gig) announced a net profit of KD 3.3 million (US$ 10.9 million), or 18.44 fils per share, for the financial period ended March 31, 2016, and Net Underwriting Income of KD 4.5 million (US$ 14.73 million) with an increase of 24.7 percent or KD 882,927 (US$ 2.92 million) compared to the same period last year.

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Gulf Insurance Group achieves net profit of KD 14.09 million with 78.60 fils per share and distribution of 40% cash dividend

28 March 2016

 

Gulf Insurance Group achieves net profit of KD 14.09 million with 78.60 fils per share and distribution of 40% cash dividend

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