Gulf Insurance Group Reports 14.8 Million Dinars Q3 Net Profit on 28.5 Million Dinars Revenue

Gulf Insurance Group reported third-quarter net profit attributable of 14.8 million dinars, with total operating revenue of 28.5 million dinars. The future of trading published the figures on November 15, 2026. The company's stock is listed on the Kuwait Stock Exchange under the ticker GINS.KW.

Gulf Insurance Group's Third-Quarter Results

The quarterly update gives the Kuwait-listed insurer's attributable profit and total operating revenue for the three months. Gulf Insurance Group is the largest insurance provider in Kuwait and the MENA region, offering general, life and takaful products across 12 countries to more than 3.5 million retail, corporate and takaful customers, and is majority-owned by Fairfax Financial Holdings. The company was founded in 1962 and is headquartered in Kuwait.

The results cover the group's insurance and takaful operations, which span Kuwait, Bahrain, the UAE, Saudi Arabia, Oman, Qatar, Jordan, Egypt, Turkey, Algeria, Iraq and Lebanon. The shares trade under GINS.KW on the Kuwait exchange.

Gulf Insurance Group's Balance Sheet and Capital Moves

According to akta.pro company records, Gulf Insurance Group reported consolidated assets of US$4.2 billion as of September 30, 2025, and insurance revenue of US$1.8 billion, or KD 540.2 million, for the first nine months of 2025. The same records list a September 2026 post-IPO debt round of $510.6 million.

Company records also show a May 2026 product launch of war-risk coverage for retail and SME consumers covering vehicles, cargo, travel and operations, and a January 2026 application by GIG Egypt for a license to issue Egypt's first real estate title insurance product through the Financial Regulatory Authority.

Rating Affirmations Ahead of the Results

S&P Global Ratings affirmed Gulf Insurance Group's credit rating at 'A+' with a stable outlook in August 2026, AInvest reported. In October 2026, AM Best affirmed Gulf Insurance Group Jordan's Financial Strength Rating of A- and Long-Term Issuer Credit Rating of a-, with a stable outlook, according to Business Wire Blog.

Also in October 2026, Gulf Insurance Group received approval from the Insurance Regulatory Unit to issue Tier 2 capital perpetual debt securities up to KD 100 million, The future of trading reported. The company appointed Kamco Investment as sole issue manager and structuring advisor for the issuance.

What Comes Next for Gulf Insurance Group

The Tier 2 capital issuance of up to KD 100 million has received approval from the Insurance Regulatory Unit, with Kamco Investment named sole issue manager and structuring advisor.