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Kuwait Re's net profit increases by 7% in Jan-Sep period to US$45m

Kuwait Reinsurance Company (Kuwait Re) has recorded a net profit of $45.26m for the first three quarters of this year (3Q2026), 7% higher compared to $42.49m for the corresponding period in 2025, according to interim financial results released by...


MENA: Strong underwriting and investment income drive profitability for GIG

Gulf Insurance Group (GIG) chalks up consistently good operating profitability, driven by sound underwriting results, well-controlled expenses and steady investment income, noted Moody's Ratings (Moody's).

MENA: Study highlights disconnect between confidence and readiness to manage disruption risk

Just two in five (39%) MENA businesses consider themselves to be "very" prepared for significant business disruption as businesses across the Middle East navigate evolving regional circumstances, according to new research from Lockton, the world's largest privately held insurance brokerage and risk...

Other News

Africa

  • Uganda: Consortium and government develop unified climate risk intelligence platform for insurance sector

Asia

  • APAC: Reinsurance cited as key mitigant of earnings and capital volatility in Nat CAT exposure
  • Australia's Cyclone Pool passes US$702m in claims
  • ICNZ calls on next government to prioritise resilience to natural hazards

China

  • Insurance entities to maintain professional integrity files on sales personnel starting 1 Jan
  • Huiminbao schemes refine coverage as claims pressure mounts
  • China's NEV insurance market grows, but profitability remains elusive
Subscribe eChina

Agents

  • Australia: AIA and Allianz Retire+ partner to tackle retirement wellbeing gap
  • Hong Kong: Prudential embeds AI across insurance operations

Most Read News

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    Turkiye:Insurance industry slides marginally in real terms in Jan-Sep period
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    Kuwait:Regulator mandates digital compulsory motor insurance policies via updated platform
  • 3
    Tunisia:Draft Finance Bill includes 50% insurance subsidy for exports across Africa
  • 4
    India, Middle East and Africa rates decrease, led by property
  • 5
    Qatar:Most motorists choose car insurance based on reputation, not price

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