Kuwait Re: Q1 2026 results

Kuwait Re reported net profit of 14.44 million USD at end-March 2026, down 16% from the 17.12 million USD recorded a year earlier.

Gross written premiums increased by 7% to 168.81 million USD, compared with 157.61 million USD during the same period in 2025.
The combined ratio improved by 1.26 percentage points to 85.3%.

Investment income declined by 29% year-on-year to 7.3 million USD.

During the reporting period, the company’s total assets and shareholders’ equity stood at 902.82 million USD and 357.93 million USD, respectively.