“Kuwait Insurance” shares achieve the largest daily gains in 5 months

Kuwait Insurance shares on the Kuwait Stock Exchange increased by 6.73% during trading today, to circulate at the price of 555 fils per share, achieving its largest daily gains in 5 months.

The trading on Kuwait Insurance shares at that time through 14 trading operations, at 103.56 thousand shares with a value of trading 54.37 thousand dinars.

The highest price of the share at that time was at 555 fils, while the lowest price was at 520 fils per share.

Kuwait Insurance Company announced its slight growth in its profits during the first quarter of 2025 by 0.9% on an annual basis, as the net profit reached 2.92 million dinars, compared to 2.89 million dinars in the same period in 2024.

In terms of annual performance, the company recorded profits of 10.92 million dinars during the year 2024, compared to 12.12 million dinars in 2023, which represents a decline of 9.95%.

The company’s profits decreased in the fourth quarter of 2024 by 12%, to reach 2.67 million dinars, compared to 3.03 million dinars during the fourth quarter of 2023.

With regard to the performance of the first nine months of 2024, the profits of “Kuwait Insurance” amounted to 8.25 million dinars, compared to 9.09 million dinars for the corresponding period of 2023, registering a decrease of 9.27%.

It should be noted that Kuwait Insurance Company (known as: Kuwait Insurance) is a public joint stock company listed on the Kuwait Stock Exchange since September 1984. It works in the insurance sector, with its focus on providing multi -lines insurance services. Its headquarters are in Kuwait City, and it was founded in August 1960.