Kuwait Insurance Company net profit KWD 4.2 million in 2013

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

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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

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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

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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.

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