Regional broking group ACE Gallagher Holding has announced the acquisition of United Partners Insurance Brokers (UPI Brokers), a well-established insurance brokerage in Kuwait.
The insurance revenue of Gulf Insurance Group (GIG), a large regional insurance group, returned to growth in 2026, noted S&P Global Ratings (S&P).
Gulf Insurance Group (GIG) has announced a net profit of KWD23.8m ($76.7m) for the first half of 2026, an increase of 89.2% or KWD11.2m, compared to the corresponding half in 2025.
The financial performance of T'azur Takaful Insurance Company (T'azur) is satisfactory, as reflected in a net income return-on-equity of about 5% in 2025 (19% when adjusted for Qard Hassan), said Fitch Ratings.
Kuwait Reinsurance Company has demonstrated a track record of strong operating performance, evidenced by a return-on-equity ratio that has been consistently in the double digits over the past five years (2020-2025), peaking in 2025 at 19.9%, notes AM Best.
The total population of the Gulf Cooperation Council (GCC) countries is estimated at 62.8m in 2025, with an average annual growth of 3.5%, according to the GCC Statistical Centre (GCC-Stat). GCC states accounted for around 0.8% of the world's population.
Al Ahleia Insurance Company (Al Ahleia) has a track record of strong operating performance, reporting improved pre-tax profits over the past five years, reaching KWD29m ($95m) in 2025, equivalent to a return-on-equity ratio of 16%, reported AM Best.
Gross written premiums for Kuwait's insurance market retreated in the fiscal year ended 31 March 2026 (FY2026), with the fall attributed largely to the health insurance business, according to the Insurance Regulatory Unit's latest Annual Report.
Al Ahleia Insurance Company (AIC) has maintained its strong underwriting performance and prudent investment profile, and significantly strengthened its business model over the past few years, notably thanks to its subsidiary, Kuwait Re, according to S&P Global Ratings (S&P) in a recent report.
Al Ahleia Insurance Company (AIC) has announced that it had received conditional approval from the Insurance Regulatory Unit (IRU) to add reinsurance activities to its licensed businesses.