Gulf Insurance Group announces KD 3.3 million (US$ 11.1 million)

06 May 2017

 

Kuwait City, 6 th May 2018: Gulf Insurance Group (gig) announced a net profit of KD 3.3 million (US$ 11.1 million), or 18.63 fils per share

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Gulf Insurance Group reinforces its regional presence

29 March 2018

 

Kuwait City, March 29, 2017 - Gulf Insurance Group held its 56th Ordinary General Assembly Meeting, during which shareholders approved the Board of Director’s recommendation to distribute a cash dividend of at 30% (30 fils per share) for the year ended December 31, 2017.

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Gulf Insurance Group announces KD 10.3 million (US$ 34.1 million) in net profit of 2017 with EPS fils 57.48

19 February 2018

 

Kuwait City, 18 Feb, 2017: Farqad Abdullah Al-Sane, Chairman of Gulf Insurance Group (GIG) announced today that the Group achieved a net profit of KD 10.3 million (US$ 34.1 million), or 57.48 fils per share for the financial year ended December 31, 2017, compared to KD 12 million (US$ 39.8 million) in 2016 with decrease of 14.3 per cent.

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Gulf Insurance Group announces KD 8 mn (US$ 26.6 mn) net profit

07 November 2017

 

GWP up 61.5% to reach KD 246.6 mn and Net Technical Reserves up 35.6% to reach KD 144.3 mn for the first nine months of 2017

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Gulf Insurance Group named ‘Insurance Brand of the Year’ by World Branding Awards

15 October 2017

 

Kuwait, 15th October 2017: Gulf Insurance Group, the leading insurance service providers in the Middle East and North Africa region, was named ‘Insurance Brand of the Year’ by the World Branding Awards during a prestigious ceremony held in Kensington Palace, London.

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Gulf Insurance Group Participates in Federation of Afro-Asian Insurers & Reinsurers Conference in Manama

12 October 2017

 

Kuwait, 12th Oct. 2017: Gulf Insurance Group participated and sponsored the Federation of Afro-Asian Insurers & Reinsurers (F.A.I.R.). Under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, The Prime Minister of the Kingdom of Bahrain, and the Central Bank of Bahrain, from 9 to 11th October 2017 in Manama. On this occasion Mr. Khaled Al Hasan, GIG Group CEO, said, “The most pertinent issue that a sector leader needs to address is to modernize the management module to cater for the emerging needs of various customers, partners and stakeholders of the company.”

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Gulf Insurance Group wins The Best Insurance Brand, MENA Region 2017 Award

30 August 2017

 

Kuwait, 31 August 2017: Gulf Insurance Group K S C P [gig] (KSE: GINS), one of the leading insurance service provider in the Middle East and North Africa region, won ‘The Best Insurance Brand, Mena Region 2017’ by the Global Brands Awards for the second time. This award is in recognition of the Group's consistent and exceptional commitment to Innovation, Quality, Branding Activities, and Customer Service & Performance in the MENA Region.

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Gulf Insurance Group announces KD 5.6 million (US$ 18.4 million) net profit and Gross Written Premiums increased to reach KD 156.3 million with 58.7 percent growth for the first half of 2017

25 July 2017

 

Kuwait City, 24th July 2017: Gulf Insurance Group (gig) announced a net profit of KD 5.6 million (US$ 18.4 million), or 31.21 fils per share, for the first half of 2017 compared with net profit of KD 7.13 million (US$ 23.5 million) for the same period last year and with decrease of KD 1.53 million (US$ 5.1 million) or 21.7 percent. This decrease is due to the group’s share of results from its subsidiaries.

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Gulf Insurance Group continues to be distinguished by its strong financial ratings for 2017

14 July 2017

 

Kuwait City, 14th July 2017 - Gulf Insurance Group, one of the leading insurance service providers in Middle East and North Africa region, announced that Standard and Poor’s rating services agency upgraded the group’s financial strength rating to “A-“ from “BBB+” with stable outlook. In addition, A.M. Best rating agency affirmed the group’s financial strength rating at “A” Excellent with stable outlook.

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Gulf Insurance Group Supports Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children’s Hospice (BACCH)

13 July 2017

 

Kuwait, July 13th 2017- Gulf Insurance Group, one of the leading insurance service providers in Middle East and North Africa, announced its support to Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children’s Hospice (BACCH), through its contribution of supporting the insurance needs of both organizations.

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