Gulf Insurance Group K.S.C.P.

GINS

KW0EQ0300420

Multiline Insurance & Brokers

End-of-day quote Kuwait S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
2 ^KWD	0.00%		0.00%	+6.38%

Mar. 14	Gulf Insurance Group K.S.C.P. acquired 2.71% stake in AIG Egypt Insurance Company S.A.E. for EGP 5.3 million.	CI
Mar. 03	Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fairfax International Corp. made an offer to acquire 9.99% stake in Gulf Insurance Group K.S.C.P. for KWD 55.3 million.

February 17, 2024

Fairfax (Barbados) International Corp. made an offer to acquire 9.99% stake in Gulf Insurance Group K.S.C.P. (KWSE:GINS) for KWD 55.3 million on February 18, 2024. The offer price per share is KWD 1.946 per share for 28.43 million shares of Gulf Insurance Group representing 9.99% of the share capital.

It should be noted that the opening of the collection period will be from March 4, 2024 till April 3, 2024.

Latest news about Gulf Insurance Group K.S.C.P.

Gulf Insurance Group K.S.C.P. acquired 2.71% stake in AIG Egypt Insurance Company S.A.E. for EGP 5.3 million.	Mar. 13	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 03	CI
Cigalah Trading Establishments entered into a binding share sale and purchase agreement to acquire a 28.50% stake in Buruj Cooperative Insurance Company from Gulf Insurance Group K.S.C.P. for approximately SAR 120 million.	Feb. 17	CI
Fairfax International Corp. made an offer to acquire 9.99% stake in Gulf Insurance Group K.S.C.P. for KWD 55.3 million.	Feb. 17	CI
Fairfax Financial Holdings Limited completed the acquisition of a 46.32% stake in Gulf Insurance Group K.S.C.P. from Kuwait Projects Company Holding K.S.C.P. for approximately KWD 270 million.	Dec. 13	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-16	CI
Fairfax Financial Holdings Limited agreed to acquire 46.32% stake in Gulf Insurance Group K.S.C.P. from Kuwait Projects Company Holding K.S.C.P. for approximately SAR260 million.	23-04-18	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-30	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
An unknow buyer acquired 28.05% stake in HAYAH Insurance Company P.J.S.C. from Gulf Insurance Group K.S.C.P. for KWD 1.6 million.	22-09-24	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-14	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-12	CI
Gulf Insurance Group K.S.C.P. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-12	CI
Gulf Insurance Group K.S.C.P. acquired 28.1% stake in AXA Green Crescent Insurance Company PJSC from AXA Mediterranean Holding, S.A.	21-09-13	CI
Gulf Insurance Group K.S.C.P. completed the acquisition of Insurance operations in the Gulf region from AXA SA (ENXTPA:CS) and Yusuf Bin Ahmed Kanoo. W.L.L.	21-09-06	CI
Gulf Insurance Group K.S.C.P. agreed to acquire Insurance operations in the Gulf region from AXA SA (ENXTPA:CS) and Yusuf Bin Ahmed Kanoo. W.L.L. for approximately $470 million.	20-11-29	CI
Gulf Insurance Group K.S.C.P. acquired an additional 2% stake in Buruj Cooperative Insurance Company from Anwal United Trading Company Ltd.	15-02-25	CI

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Company Profile

Gulf Insurance Group KSCP, a subsidiary of Kuwait Projects Company Holding KSC, is a Kuwait-based company engaged in the provision of life and non-life insurance products and services. The Company operates, along with its subsidiaries, in the following segments: General Risk Insurance segment, which offers general insurance products such as marine and aviation, motor vehicles, property, engineering and general accidents to individuals and businesses, and Life and Medical Insurance segment, which offers savings, protection products and other long-term contracts, including a range of whole life insurance, term insurance, unitized pensions, pure endowment pensions, group life and disability, credit life (banks) and group medical, such as third party administration (TPA), preferred global health and balsam products. The Companyâs subsidiaries include: AIG Sigorta AS, Turins Sigorta AS, Egypt Life Takaful Insurance Co SAE and Bahrain Kuwait Insurance Co BSC, among others.

Sector

Multiline Insurance & Brokers

Calendar

2024-05-07 - Q1 2024 Earnings Release (Projected)

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