Stock KINS KUWAIT INSURANCE COMPANY S.A.K.P.
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Company Kuwait Insurance Company S.A.K.P.

Equities

KINS

KW0EQ0300412

Property & Casualty Insurance

End-of-day quote Kuwait S.E.
Other stock markets
 06:00:00 2024-04-24 pm EDT 		5-day change 1st Jan Change
0.511 KWD -0.97% Intraday chart for Kuwait Insurance Company S.A.K.P. -0.78% +8.72%
Mar. 26 Kuwait Insurance Company S.A.K.P. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Kuwait Insurance Company S.A.K.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI

Business Summary

Kuwait Insurance Company SAKP is a Kuwait-based public shareholding company that underwrites all classes of life and non-life insurance products and services through a network of 12 branches across Kuwait. The Company operates in five business segments: the Marine and aviation segment covers insurance against risks related to goods transportation and different types of marine and aviation vessels; the Fire segment includes insurance against fire for different types of buildings, stores, industrial risks and gas and oil industry; the General accident segment includes insurance against risks of contractors, machinery and computer damages and cessation of work, as well as insurance cover for cash, bonds, fidelity, professional risks, work accidents, civil responsibility and motor vehicles; the Life insurance segment provides life insurance cover for individuals and group, and medical insurance, and the Takaful segment offers insurance against all type of risk under takaful insurance law.

Number of employees: 264

Sales per Business

KWD in Million2022Weight2023Weight Delta
Life and Medical
27.9 %
13 18.4 % 17 27.9 % +33.16%
Motor
25.5 %
- - 15 25.5 % -
General Accident
19.1 %
14 20.9 % 12 19.1 % -19.75%
Fire
10.6 %
1 2.0 % 6 10.6 % +354.91%
Unallocated Items
10.2 %
38 55.5 % 6 10.2 % -83.90%
Marine and Aviation
5.7 %
1 1.2 % 3 5.7 % +317.47%
Takaful
1.1 %
1 2.0 % 1 1.1 % -53.40%

Sales per region

KWD in Million2022Weight2023Weight Delta
Kuwait
100.0 %
69 100.0 % 60 100.0 % -12.30%

Managers

Managers TitleAgeSince
Ahmad Sami Sharif CEO
 Chief Executive Officer - -
Ossama Reda El Bizri DFI
 Director of Finance/CFO - -
Meshari Al-Nusf CIO
 Chief Investment Officer - -
Omar Al-Bahar ADM
 Chief Administrative Officer - -
Muhannad Ayass COO
 Chief Operating Officer - -
Ibrahim Sharawi PRN
 Corporate Officer/Principal - -
Al-Sayed Ashour LAW
 General Counsel - -

Members of the board

Members of the board TitleAgeSince
Ali Behbehani CHM
 Chairman - -
Abdulghani Mohamad Saleh Yousef Behbehani BRD
 Director/Board Member - 16-03-29
Barrak Abdulmohsen Barrak Al-Sabeeh BRD
 Director/Board Member 63 16-04-11
Talal Behbehani BRD
 Director/Board Member - 03-12-31
Haitham Al-Khaled BRD
 Director/Board Member - 19-03-30
Bader Al-Humaidhi BRD
 Director/Board Member - 19-03-30
Rana Yaqoub Al-Hamad BRD
 Director/Board Member - 18-03-13

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 194,040,000 135,726,774 ( 69.95 %) 9,240,510 ( 4.762 %) 69.95 %

Shareholders

NameEquities%Valuation
MOHAMED SALEH & RIDA YOSIF BEHBEHANI CO
9.910 %
19,229,364 9.910 % 33 M KWD
Estate of Behbehani Mohammed Saleh Yousuf
5.180 %
10,051,272 5.180 % 17 M KWD
The Public Institution for Social Security of Kuwait
5.150 %
9,993,060 5.150 % 17 M KWD
Bibi Hussain Abdulkarim Marafie
5.050 %
9,799,020 5.050 % 17 M KWD

Holdings

NameEquities%Valuation
KUWAIT REINSURANCE COMPANY K.S.C.P.
5.10%
 13,350,091 5.10% 20,398,405 $

Company contact information

Kuwait Insurance Co.

Kuwait Insurance House Abdullah Al-Salem Street

13008, Kuwait City

+965 188 4433

http://www.kic-kw.com
address Kuwait Insurance Company S.A.K.P.(KINS)

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
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Sales per Business

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