Bahrain Kuwait Insurance Company (BKIC) has posted a net result of 3.962 million BHD (10.44 million USD) as at 30 September 2023, representing a 12% drop compared with the 4.522 million BHD (11.9 million USD) recorded for the same period in 2022. The company's turnover, on the other hand, was up by 5% to reach 74.837 million BHD (197.3 million USD).
BKIC's shareholders' equity declined by 1% to 41.994 million BHD (110.7 million USD) at the end of the first nine months of 2023.
Read also | Top 5 insurance companies in Bahrain per 2022 turnover [4]