Kuwait:GIG's insurance revenue rises 15% in 1H2024, offset by higher claims

By AIR team | 15 Aug 2024

Kuwait Life & Health Property & Casualty Financial Performance

Gulf Insurance Group (GIG), a leading insurance group in the MENA region and the largest in Kuwait, yesterday announced a net profit of KWD16.8m ($54.7m) for the first half of 2024, plunging by 33.6% from KWD25.3m for the corresponding period last year.

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