Kuwait: Top 5 insurance companies per 2017 turnover

Figures in thousands
 2017 turnover2016 turnover2017 sharesEvolution 2016-2017 (1)
 In KWDIn USDIn KWDIn USD
Gulf Insurance and Reinsurance Company
174 700579 887102 800336 88429.63%19.95%
Al Ahleia Insurance Co. (S.A.K.)
71 980238 92561 775202 44217.80%42.47%
Kuwait Insurance
37 811125 50737 041121 38610.67%-0.29%
Warba Insurance   Company
30 817102 29235 191115 32410.14%-5.06%
First Takaful
6 39721 2349 12929 91610.14%-5.06%
Total top 5 companies
321 7051 067 845278 879805 95280.37%15.53%
Rest of the market (2)
112 695374 07268 421224 22119.63%-16.52%
Total market
434 4001 441 917347 3001 030 173100%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

Kuwait

Read also | Kuwait : Top 5 insurance companies in 2016

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