Magazine date:
Oct 2022 
Standard and Poor's [4] (S&P) has assigned an "A-" financial strength rating with a stable outlook to Kuwait Re. The rating agency has also given the Kuwaiti reinsurer a financial strength rating of "gcAAA". The "gc" rating is used by S&P to evaluate companies operating in the Gulf Cooperation Council (GCC) countries.
S&P based its decision on the company's strong operational performance and high level of capital adequacy.
In 2021, Kuwait Re [5] has recorded a turnover of 71.645 million KWD (236.252 million USD) and a net profit of 6.32 million KWD (20.8 million USD).