Kuwait : Top 5 insurance companies per 2016 turnover
in thousands
(1) Growth rate in local currency
2016 turnover | 2015 turnover | 2016 shares | 2015-2016 evolution (1) | |||
---|---|---|---|---|---|---|
In KWD | In USD | In KWD | In USD | |||
Gulf Insurance and Reinsurance Company | 102 800 | 336 884 | 85 700 | 282 792 | 29.63% | 19.95% |
Al Ahleia Insurance Co. (S.A.K.) | 61 775 | 202 440 | 43 359 | 143 075 | 17.80% | 42.47% |
Bahrain Kuwait Insurance Company BKIC | 42 073 | 137 877 | 38 117 | 125 779 | 12.13% | 10.37% |
Kuwait Insurance | 37 041 | 121 385 | 37 149 | 122 582 | 10.67% | -0.29% |
Warba Insurance Company | 35 191 | 115 323 | 37 068 | 122 318 | 10.14% | -5.06% |
Total 5 companies | 278 879 | 913 909 | 241 393 | 796 546 | 80.37% | 15.53% |
Rest of the market | 68 121 | 223 238 | 81 607 | 269 286 | 19.63% | -16.52% |
Total market | 347 000 | 1 137 147 | 323 000 | 1 065 832 | 100% | 7.43% |
Exchange rate KWD/USD as at 31/12 | 2016 | 2015 |
3.27708 | 3.29979 |
Read also | Kuwait: Top 5 insurance companies
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