Kuwait Reinsurance Co. KSCP's net profit increased 13% year-on-year to around 2 million Kuwaiti dinar ($6.7 million) in the first quarter of 2022, mainly due to high net investment income and a significant decrease in general and administrative expenses.
Kuwait Reinsurance Co. KSCP's net profit increased 21% year-on-year to 6 million Kuwaiti dinar ($21 million) in 2021, driven by high net earned premiums, and underwriting and investment profits.
KFH rallies 7 fils, Humansoft Holding dips KUWAIT CITY, May 17: Kuwait stocks pulled higher on Monday as it reopened after a five-day break. The All Shares Index gave up steeper early gains to close 34.19 points down at 6,313.20 pts paced by some of the blue-chips and mid-caps even as the ove