Kuwait: GIC's gross premiums grew 12% to US$481 mln in 2011

May 2012
MiddleEast Insurance Review;May2012, p17
Trade Publication
The article reports that insurance company Gulf Insurance Co.'s (GIC) gross premiums grew 11.8 percent year-over-year (YoY) to 133.9 million Kuwaiti Dinars in 2011, but net profit declined 7.8 percent to 7.1 million Kuwaiti Dinars.


Related Articles

  • Kuwait: GIC's 2012 profit up 31% to US$33 mln.  // MiddleEast Insurance Review;May2013, p14 

    The article reports on the 31% rise of the year on year (y-o-y) profit of Gulf Insurance Co. in Kuwait in 2012.

  • Kuwait: Gulf Insurance's net profit jumps to US$27.6 mln for 9M.  // MiddleEast Insurance Review;Dec2013, p14 

    The article reports on the 5.4 percent increase in net profit of Gulf Insurance Company for the first nine months of the year to 7.8 million Kuwaiti dinar which is attributed to the insurer's strategic expansion approach that aims at increasing its local and regional stake.

  • Minn. Life Posts Strong Results.  // Credit Union Journal;5/27/2002, Vol. 6 Issue 21, p8 

    Reports the increasing 2001 earnings of the Minnesota Life Group Insurance. Retention of company clients; Percentage of the annual premium.

  • Oman: Al Madina inks agreement with UFC.  // MiddleEast Insurance Review;Mar2009, p11 

    The article reports on the agreement between Al Madina Gulf Insurance Co. and United Finance Co. (UFC) regarding the provision of insurance-linked loans to finance automobile and equipment purchases in Oman. The deal accounts UFC to provide a comprehensive insurance cover for auto and equipment...

  • Swiss Re's New sigma Study Reports Global Premium Income 2001 Up 1% To $2.408 Trillion.  // Insurance Advocate;12/9/2002, Vol. 113 Issue 46, p38 

    Reports the premium income generated by the global insurance industry. Impact of the financial market turbulence on the industry; Adjustment of the life markets for inflation; Effect of falling investment returns and low profitability on the insurers.

  • Saudi Re returns to profit in 2012.  // MiddleEast Insurance Review;Mar2013, p18 

    The article reports on the increase of the net profit of Saudi Reinsurance Co. (Saudi Re) for the year ended December 31, 2012 due to a surge in net earned premiums.

  • SIZING UP RESULTS.  // National Underwriter / P&C;12/3/2007, Vol. 111 Issue 45, p20 

    The article presents the data that reveal the profit failure of large insurance organizations in the U.S. It states that the data, which depict the performance of the 12-year average combined ratios of companies, indicate that some of the biggest insurance groups were not the most profitable. It...

  • Egyptian Takaful to distribute US$1.6 min in surpluses.  // MiddleEast Insurance Review;Nov2014, p26 

    The article reports on an announcement by Alsayed Bayoumi, General Manager of Egyptian Takaful's (Egtak) investment department regarding its distribution of 1.6 million dollars in surpluses to policyholders.

  • DUCK FOR COVER. Searle, Jane; Lindhe, Jane // BRW;7/3/2008, Vol. 30 Issue 26, p58 

    The article discusses the status of the insurance industry in Australia. Insurers are now increasing premiums. According to the Australian Prudential Regulation Authority, for the first time in seven years, the industry's combined ratio exceeded 100%, meaning that for every dollar paid in...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics