Kuwait Reinsurance Company KSCP operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kuwait Reinsurance Company KSCP with three other
insurance companies in Middle East:
Saudi Arabian Cooperative Insurance Company SJSC
of SAUDI ARABIA
sales of 684.97 million Saudi Arabian Riyals [US$182.61 million]
of which 49%
was Health Insurance),
Emirates Insurance Company PSC
of UNITED ARAB EMIRATES
(689.82 million UAE Dirham [US$187.81 million]
of which 173%
was Underwriting), and
Saudi Re for Cooperative Reinsurance Company SJSC
based in SAUDI ARABIA
(702.96 million Saudi Arabian Riyals [US$187.41 million]
of which 26%
Kuwait Reinsurance Company KSCP reported sales of 50.28 million Kuwaiti Dinars (US$164.87 million)
December of 2019.
increase of 20.5%
versus 2018, when the company's sales were 41.72 million Kuwaiti Dinars.
This was the third consecutive year of growth at Kuwait Reinsurance Company KSCP.
Sales of General Accident saw an increase
that was more than double the company's growth rate: sales were up
101.1% in 2019, from
2.41 million Kuwaiti Dinars to 4.84 million Kuwaiti Dinars.
Kuwait Reinsurance Company KSCP also saw significant increases in sales in
Life (up 74.9% to 3.99 million Kuwaiti Dinars)
Not all segments of Kuwait Reinsurance Company KSCP experienced an increase in sales in 2019:
sales of Unallocated fell 1.9% to 614,393.00 Kuwaiti Dinars.
(However, this segment's sales were only a very small portion of the company's overall sales).