Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Gulf Insurance’s premiums rise 52%

March 31, 2023 Reprints

Kuwait-based Gulf Insurance Group KSCP’s gross written premiums increased by 52% year-on-year to 831.7 million Kuwaiti dinar ($2.7 billion) in 2022, Zawya reported citing TradeArabia. The insurer reported a net profit of KWD38.2 million for the year, down 47% from the ‘restated’ net profit of KWD72.6 million posted in 2021.

1. Insurers likely to avoid major financial hit from CrowdStrike outage
2. Business interruption claims to drive bulk of losses after IT outage
3. WTW’s net income grows by 48%
4. Brokerage M&A activity in Canada expected to accelerate
5. Allianz to buy 51% stake in Singapore insurer for $1.6 billion
6. Insured losses from nat cats likely to continue rising: Swiss Re

Help

Gulf Insurance’s premiums rise 52%

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources