Al Ahlia Insurance has acquired 92% of Kuwait Re

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Al Ahlia Insurance has completed the purchase of a stake in Kuwait Re. The Kuwaiti insurer has acquired all the Warba Insurance shares in the reinsurer, totalling 1.12 million KWD (3.71 million USD).

Al Ahlia Insurance has increased thereby its stakes in the reinsurer from 30% to 92%.

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Thu, 08/10/2015 - 09:52
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