Kuwait: Top 5 insurance companies per 2017 turnover
Figures in thousands
2017 turnover | 2016 turnover | 2017 shares | Evolution 2016-2017 (1) | |||
---|---|---|---|---|---|---|
In KWD | In USD | In KWD | In USD | |||
Gulf Insurance and Reinsurance Company | 174 700 | 579 887 | 102 800 | 336 884 | 29.63% | 19.95% |
Al Ahleia Insurance Co. (S.A.K.) | 71 980 | 238 925 | 61 775 | 202 442 | 17.80% | 42.47% |
Kuwait Insurance | 37 811 | 125 507 | 37 041 | 121 386 | 10.67% | -0.29% |
Warba Insurance Company | 30 817 | 102 292 | 35 191 | 115 324 | 10.14% | -5.06% |
First Takaful | 6 397 | 21 234 | 9 129 | 29 916 | 10.14% | -5.06% |
Total top 5 companies | 321 705 | 1 067 845 | 278 879 | 805 952 | 80.37% | 15.53% |
Rest of the market (2) | 112 695 | 374 072 | 68 421 | 224 221 | 19.63% | -16.52% |
Total market | 434 400 | 1 441 917 | 347 300 | 1 030 173 | 100% | 7.43% |
(1) Growth rate in local currency
(2) 34 companies
Exchange rate as at 31/12/2017: 1 KWD = 3.31933 USD; at 31/12/2016: 1 KWD = 3.27708 USD
Read also | Kuwait : Top 5 insurance companies in 2016
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Tue, 29/01/2019 - 13:01
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