Gulf Insurance Group (GIG) reported net profits of KD 12.5 million (approximately USD 41 million) for the first half of 2025, compared to KD 16.7 million (about USD 55 million) during the same period in 2024, representing a 25% year-on-year decline.

In a disclosure published on the Kuwait Stock Exchange website on Sunday, the Group revealed that earnings per share (EPS) for H1 2025 stood at 38.68 fils, down from 53.56 fils in 2024 - a 28% decrease.

Company Background:
Established in 1962 and listed on the Kuwait Stock Exchange in 1984, Gulf Insurance Group has an authorized capital of KD 35 million (approximately USD 106.7 million). The Group operates across all insurance sectors including underwriting, guarantees, and indemnity. Additionally, GIG engages in capital and property investments through both financial and real estate ventures, with operations spanning domestic and international markets.