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Kuwait Reinsurance to disclose financials early November

Kuwait Reinsurance to disclose financials early November
Profits plunged 73.6% in Q3 (Photo Credit: Arabianeye-Reuters)
KUWAITRE
KUWAITRE
-4.86% 352.00 -18.00

Kuwait – Mubasher: Kuwait Reinsurance will hold a board meeting Wednesday, 9 November, to discuss the financial statements of the third quarter this year, according to a bourse statement issued Tuesday.

In the second quarter, the company’s profits plunged 73.6% to about KWD 132,230 from nearly KWD 501,220 in the same period of 2015.