Kuwait City, Gulf Insurance Group announced today that the Group achieved net profits of KD 24.7 million (US$ 80.3 million), equivalent to earnings of 75.84 fils (US$ 0.25 ) per share for the year ended December 31, 2025 , compared to net profits of KD 25.9 million (US$ 84 million), with earnings of 80.17 fils (US$ 0.26 ) per share in 2024 .

The Board of Directors recommended not distributing cash dividends for the year ending December 31, 2025. This recommendation is subject to the approval of the Group’s shareholders and the relevant regulatory authorities.

Insurance revenues for the year ended December 31, 2025 amounted to KD 728.6 million (US$ 2.4 billion), compared to KD 846.6 million (US$ 2.8 billion) for the year ended December 31, 2024 .

Net investment income for the year ended December 31, 2025 amounted to KD 57 million (US$ 186 million), compared to KD 52.1 million (US$ 169 million) for the year ended December 31, 2024 , an increase of KD 5 million (US$ 17 million), or 10 %.

The book value per share was 929 fils (US$ 3 ) as of December 31, 2025 , compared to 852 fils (US$ 2.77 ) as of December 31, 2024, an increase of 9 % .

Shareholders’ equity attributable to the parent company amounted to KD 264.2 million (US$ 859.3 million) as of December 31, 2025, an increase of 9 % compared to KD 242.6 million (US$ 789 million) as of December 31, 2024.

Total assets amounted to KD 1.33 billion (US$ 4.3 billion) as of December 31, 2025 , compared to KD 1.24 billion (US$ 4 billion) as of December 31, 2024 , an increase of KD 89.3 million (US$ 291 million), or 7.2 %.

As it continues to strengthen its international presence and operational capabilities, Gulf Insurance Group remains one of the largest and most diversified insurance companies in the Middle East and North Africa region, based on the design of a valuable environmental insurance system.

The group expressed its gratitude to its clients and shareholders, especially Fairfax Financial Holdings, and to the members of the Board of Directors for their continued support of the group’s strategy. It also expressed its appreciation to its employees for their valuable efforts, and thanks to all regulatory authorities in the State of Kuwait for their continued cooperation in developing the Kuwaiti insurance sector.

-I finish-

#Company Data

Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.