Warba Insurance & Reinsurance achieves 5.3 million KD net profit in 9 months

صورة: وكالة الأنباء الكويتية (كونا)
Warba Insurance announced a net profit of 5.3 million KD during the first nine months of 2026, marking a significant increase compared to the previous year.
Translated by Qiyas from كونا — Original source
Kuwait – Orba Insurance and Reinsurance Company announced on Monday that it achieved net profits of 5.3 million Kuwaiti dinars (approximately $16.3 million) for the first nine months of 2026, compared with 3.6 million dinars (about $11 million) for the same period in 2025, representing a 45.98 percent increase. In a disclosure posted on the Kuwait Stock Exchange website, the company said that earnings per share for the first nine months of 2026 reached 21.7 fils, up from 14.9 fils in the same period of 2025, also reflecting a 45.98 percent rise. Founded in 1976 and listed on the Kuwait Stock Exchange in 1984, the company has an authorized capital of 25 million dinars (approximately $77 million) and engages in all types of insurance and reinsurance. (End) M.K.A. / H.T.