Gulf Insurance Achieves 38.5 Million KD Net Profit in 9 Months
Gulf Insurance Group announced a net profit of 38.5 million Kuwaiti dinars during the first nine months of 2026, marking a significant increase compared to the previous year.
Translated by Alqyas from Sarmad — Original source
Gulf Insurance Group announced that it achieved net profits of 38.5 million Kuwaiti dinars during the first nine months of 2026, compared to 14.2 million dinars for the same period in 2025, representing an increase of 171.2 percent.
In a disclosure published on the Kuwait Stock Exchange website, the company stated that earnings per share for the first nine months of 2026 reached 127.15 fils, compared to 41.71 fils for the same period in 2025, marking a rise of 204.8 percent.
The company attributed the improvement in net profit for the nine-month period ending September 30, 2026, compared to the same period in the previous year, to higher operating profits.
Gulf Insurance Group was established in 1962 and listed on the Kuwait Stock Exchange in 1984. Its authorized capital stands at 35 million Kuwaiti dinars, and it engages in all reinsurance, guarantee, and compensation activities, as well as capital and property investment in financial and real estate sectors, both locally and internationally.
