Company GULF INSURANCE GROUP Kuwait S.E.

Equities

GINS

KW0EQ0300420

Multiline Insurance & Brokers

End-of-day quote Kuwait S.E. 06:00:00 2020-01-22 pm EST 5-day change 1st Jan Change
658 KWF +0.77% Intraday chart for GULF INSURANCE GROUP +9.48% +10.77%

Business Summary

Gulf Insurance Group KSCP, a subsidiary of Kuwait Projects Company Holding KSC, is a Kuwait-based company engaged in the provision of life and non-life insurance products and services. The Company operates, along with its subsidiaries, in the following segments: General Risk Insurance segment, which offers general insurance products such as marine and aviation, motor vehicles, property, engineering and general accidents to individuals and businesses, and Life and Medical Insurance segment, which offers savings, protection products and other long-term contracts, including a range of whole life insurance, term insurance, unitized pensions, pure endowment pensions, group life and disability, credit life (banks) and group medical, such as third party administration (TPA), preferred global health and balsam products. The Company’s subsidiaries include: AIG Sigorta AS, Turins Sigorta AS, Egypt Life Takaful Insurance Co SAE and Bahrain Kuwait Insurance Co BSC, among others.

Sales per Business

KWD in Million2022Weight2023Weight Delta
Unallocated
56.3 %
0 0.0 % 51 56.3 % -
General Risk Insurance
20.3 %
235 45.6 % 18 20.3 % -92.24%
Liability
13.9 %
- - 12 13.9 % -
Life and Medical Insurance
9.5 %
280 54.4 % 9 9.5 % -96.96%

Sales per region

KWD in Million2022Weight2023Weight Delta
Gulf Cooperation Council Countries
56.4 %
280 54.3 % 22 56.4 % -92.08%
Kuwait
26.8 %
147 28.6 % 11 26.8 % -92.86%
Other Middle East Countries
16.8 %
88 17.1 % 7 16.8 % -92.52%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 78-10-31
Director of Finance/CFO - 17-05-31
Chief Investment Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 16-10-30
Chief Operating Officer 46 -
Investor Relations Contact - -
Corporate Officer/Principal - 16-12-31
Comptroller/Controller/Auditor - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 -
Director/Board Member 69 -
Chief Executive Officer 71 78-10-31
Director/Board Member - -
Chairman - 00-12-31
Director/Board Member - -
Director/Board Member - -
Director/Board Member 62 -
Director/Board Member - -
Director/Board Member 44 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 284,572,463 27,607,393 ( 9.701 %) 821,396 ( 0.2886 %) 9.701 %

Shareholders

NameEquities%Valuation
256,143,673 90.01 % 1 599 M KWF
Dimensional Fund Advisors Ltd.
0.001216 %
3,459 0.001216 % 21 591 KWF

Holdings

NameEquities%Valuation
84,182,323 56.12% 77,036,927 $
8,550,000 28.50% 52,433,046 $
200,000 20.00% 21,238,938 $
51,251,000 19.34% 13,662,492 $
3,652,000 4.57% 3,708,643 $

Company contact information

Gulf Insurance Group KSC

KIPCO Tower, Floor 40 Khaled Ibn Alwaleed Street

13011, Kuwait City

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http://www.gulfinsgroup.com
address GULF INSURANCE GROUP(GINS)
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