Gulf Insurance Group: Q1 2026 results

Gulf Insurance Group (GIG) reported insurance revenue of 192.5 million KWD (621.6 million USD) for the first quarter of 2026, representing a year-on-year increase of 8.3%.

Net profit nearly doubled, rising by 97.6% to 13 million KWD (42 million USD).

As of the end of March 2026, the group’s total assets stood at 1.34 billion KWD (4.34 billion USD), while shareholders’ equity reached 269.8 million KWD (871.5 million USD).