Kuwait:Reinsurer posts 11% rise in net profit in 2020

By MEIR team | 10 Mar 2021

Kuwait Reinsurance Financial Performance

Kuwait Reinsurance Company (Kuwait Re) has posted an increase of 10.8% in net profit to KWD5.23m ($17.3m) in 2020 compared to KWD4.73m in 2019, according to financial statements lodged with the Boursa Kuwait.

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