Company Kuwait Reinsurance Company K.S.C.P.

Equities

KUWAITRE

KW0EQ0300453

Reinsurance

End-of-day quote Kuwait S.E. 06:00:00 2024-05-28 pm EDT 5-day change 1st Jan Change
0.35 KWD 0.00% Intraday chart for Kuwait Reinsurance Company K.S.C.P. -0.57% 0.00%

Business Summary

Kuwait Reinsurance Co KSCP is a Kuwait-based public shareholding company engaged primarily in the provision of reinsurance products and services to insurance companies. The Company focuses on the Middle East, North Africa and other countries, through offering long-term reinsurance support and associated services. The Company’s business is structured into three divisions, namely Property, Casualty & Life, and Marine. Property offers a range of treaty and facultative property risks, as well as engineering risks. The casualty line of business extends to personal accident, general liability, professional indemnity, medical insurance and motor, as well as offers reinsurance capacity for life. The Marine division underwrites a diversified portfolio of treaty and facultative business in hull, cargo, marine liabilities and builder’s risk.

Sales per Business

KWD in Million2022Weight2023Weight Delta
Non-life
94.9 %
- - 75 94.9 % -
Life
4.0 %
3 4.2 % 3 4.0 % +9.54%
Unallocated
1.1 %
0 0.7 % 1 1.1 % +94.06%

Sales per region

KWD in Million2022Weight2023Weight Delta
Others
58.4 %
41 58.9 % 46 58.4 % +11.72%
Middle East and North Africa
29.6 %
21 30.1 % 23 29.6 % +10.63%
Kuwait
11.9 %
8 11.0 % 9 11.9 % +22.42%

Managers

Managers TitleAgeSince
Chief Executive Officer - 16-09-07
Director of Finance/CFO - 97-12-31
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 99-12-31
Corporate Officer/Principal - -
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 79 15-11-02
Director/Board Member - -
Director/Board Member - 15-11-02
Director/Board Member - 15-11-02
Director/Board Member - 15-11-02
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 261,766,501 6,150,518 ( 2.350 %) 2,333,432 ( 0.8914 %) 2.350 %

Shareholders

NameEquities%Valuation
240,144,588 91.74 % 351 M KWD
13,350,091 5.100 % 20 M KWD
2,118,928 0.8095 % 3 M KWD

Holdings

NameEquities%Valuation
2,118,928 0.81% 3,095,839 $

Company contact information

Kuwait Reinsurance Co.

Kuwait Re Tower Al Shuhada'a Street

13080, Kuwait City

+965 222 99 666

http://www.kuwaitre.com
address Kuwait Reinsurance Company K.S.C.P.(KUWAITRE)
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