Kuwait:Regional insurer sees 5% fall in net profit in 1Q

By MEIR team | 19 May 2024

Mr Khaled Saoud Al Hasan, GIG’s CEO

Kuwait Takaful Life & Health Property & Casualty Financial Performance

Gulf Insurance Group (GIG) has announced a net profit of KWD10.9m ($35.6m) for the quarter ended 31 March 2024, 5.2% lower compared to KWD11.5m for the corresponding quarter last year.

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