Kuwait Re’s Q1 net profit swells 40%, CoR hits 89.9%

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Reinsurance News - May 15, 2024

In its Q1 2024 results, Kuwait Reinsurance Company revealed that its net profit grew by 40% year-over-year to $13.18 million, while total assets expanded to $669.1 million. The firm’s gross written premiums in the opening quarter of 2024 were also up, climbing 12% from Q1 2023’s figure o...

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