Bahrain Kuwaiti Insurance Co B.S.C. (BKIC) News - Mubasher Info
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21 January 10:33 AM

Bahrain Kuwaiti Insurance Co B.S.C. (BKIC)

Last update: 11 January 12:16 PM market time.
0.42
0.01
2.44%
Open 0.42
Previous Close 0.41
High 0.42
Low 0.42
Stock Statistics
Volume 67,498
Turnover 28,349.16
All data are 15 minutes late during market session

News

Photo Archive
4 August 2020 04:55 PM Bahrain Kuwait Insurance’s profits up 11% in H1
Mubasher: Bahrain Kuwait Insurance Company gained KWD 2.301 million (approx. $6.06 million) in net profits during the first six months of 2020, 11% higher than KWD 2.073 million ($5.45 million) in the same period a year earlier. The annual rise in …
Financial Results
The distributions will be paid after five business days following the maturity date
25 March 2020 02:18 PM Kuwait Insurance nods to 30 fils/shr dividend for FY19
Mubasher: The ordinary and extraordinary general assembly meetings of Kuwait Insurance Company approved the proposed cash dividend distribution of 30 fils per share or 30% of the share’s nominal value for the fiscal year (FY) 2019, after excluding …
Board of Directors
Earnings per share slipped by 4% to 15 fils
23 October 2019 11:22 AM Bahrain Kuwait Insurance’s Q3 profit slips 41%
Mubasher: The financial statements of Bahrain Kuwait Insurance Company indicated a 41% year-on-year decrease in profits during the third quarter of 2019. The profits plunged to KWD 531,925 in Q3-19 when compared to KWD 899,028 during the …
Financial Results
Bahrain Kuwait Insurance is listed on both BHB and Boursa Kuwait
18 August 2019 02:34 PM AM Best affirms Bahrain Kuwait Insurance’s ratings
Mubasher: AM Best has affirmed Bahrain Kuwait Insurance Company’s financial strength rating of ‘A-’ (Excellent), and the long-term issuer credit rating of ‘A’, with a ‘Stable’ outlook, according to a statement to Bahrain Bourse (BHB) on Sunday. …
Company News
Bahrain Kuwait Insurance is a dual-listed company
25 July 2019 01:17 PM Bahrain Kuwait Insurance profits climb 97% in Q2-19
Mubasher: Bahrain Kuwait Insurance Company has announced its financial results for the period ended 30 June 2019. Net profits attributable to shareholders rose by 97% to BHD 1.3 million ($3.44 million) in the second quarter of 2019, compared to …
Financial Results
Bahrain Kuwait Insurance posts BHD 1.16m profits in Q3
11 November 2018 01:19 PM Bahrain Kuwait Insurance posts BHD 1.16m profits in Q3
Mubasher: Bahrain Kuwait Insurance on Sunday reported a slight decline in profits of 1.6% in the third quarter of 2018. The Bahrain-based insurance firm's profits amounted to BHD 1.16 million ($3.08 million) in Q3-18, down from BHD 1.18 million …
Financial Results
Earnings declined to BHD 641,000 in Q2-18
12 August 2018 03:19 PM Bahrain Kuwaiti Insurance Q2 profits down 6%
Mubasher: Bahrain Kuwaiti Insurance reported a decline of 5.6% in profits during the second quarter of 2018 compared to the same period in the prior year. Earnings declined to BHD 641,000 in Q2-18 from BHD 679,000 in Q2-17, according to a bourse …
Financial Results
The capital hike aims at executing the company’s strategy
7 August 2018 02:43 PM Bahrain Kuwait Insurance nods to capital hike
Mubasher: The shareholders of Bahrain Kuwait Insurance, which is listed on both Boursa Kuwait and Bahrain Bourse (BHB), approved raising both the authorised and paid-up capital. Bahrain Kuwait Insurance’s board members have recommended increasing …
Management Decisions
The two companies provide their services through seven branches across Bahrain
5 August 2018 03:32 PM Bahrain Kuwait Insurance mulls merger with Takaful International
Mubasher: Bahrain Kuwait Insurance is currently considering merging its branches and some supportive services with Takaful International, the chairman of Bahrain Kuwait Insurance Murad Ali Mohamed Murad said, according to Al Ayam Newspaper. …
Mergers and Acquisitions
Bahrain Kuwait Insurance registered BHD 1.04 million profits in Q1-18
10 May 2018 04:58 PM Bahrain Kuwait Insurance Q1 profits surge 106%
Mubasher: Bahrain Kuwait Insurance recorded an increase of 106.4% in profits during the first quarter of 2018 compared to the same period in the previous year. Bahrain Kuwait Insurance, listed on both Boursa Kuwait and Bahrain Bourse (BHB), …
Financial Results
Bahrain Kuwaiti Insurance has a capital of BHD 7.2 million
22 February 2018 01:07 PM Bahrain Kuwaiti Insurance proposes dividends, bonus
Mubasher: The board members of Bahrain Kuwaiti Insurance recommended distributing cash dividends and bonus shares for fiscal year 2017. Bahrain Kuwaiti Insurance proposed 25% and 100% of paid-up capital as a cash dividend and a bonus share, …
Cash Dividends
The board proposed increasing the paid-up capital to BHD 14.3 million
10 December 2017 03:49 PM Bahrain Kuwait Insurance’s board nods to capital hike
Mubasher: The board members of Bahrain Kuwait Insurance on 9 December approved increasing the company’s both authorised and paid-up capital. The board has recommended the ordinary general meeting (OGM) to raise the authorised capital to BHD 20 …
Board of Directors
The year-on-year profit decline in H1-17 is mainly attributed to a decrease in technical profits
13 August 2017 08:36 AM BKIC reports lower profits in Q2
Kuwait – Mubasher: Bahrain Kuwaiti Insurance Company (BKIC) posted a 52.7% year-on-year decrease in its profits during the second quarter of 2017, according to a bourse statement. Profits reached KWD 505,840 ($1.68 million) in Q2-17, compared to …
Financial Results
BKIC acquires 2.24m shares in Takaful International
21 June 2017 04:28 PM BKIC acquires 2.24m shares in Takaful International
Kuwait – Mubasher: Bahrain Kuwaiti Insurance Company (BKIC) announced on Wednesday the conclusion of the unconditional mandatory cash offer to acquire 2.24 million shares or 3.59% of the total shares of Takaful International. BKIC has deposited …
Mergers and Acquisitions
(Photo Credit: Arabianeye-Reuters)
14 May 2017 09:49 AM Bahrain-Kuwait Insurance posts 48% profit drop in Q1
Kuwait – Mubasher: Bahrain-Kuwait Insurance Co (BKIC) on Sunday said it achieved KWD 406,330 ($1.33 million) in profits in the first quarter of 2017, down 47.6% from KWD 774,790 ($2.53 million) in the year-ago period. Earnings per share (EPS) …
Financial Results
Photo Credit: Arabianeye-Reuters
20 April 2017 00:44 PM BKIC mulls takeover of Takaful International
Mubasher: Bahrain Kuwait Insurance (BKIC) intends to purchase the remaining stake in Takaful International. The stake accounts for 36.31% of the ordinary issued and paid-up shares, according to a bourse statement issued on Thursday. The total …
Mergers and Acquisitions
Photo Credit: Arabianeye-Reuters
23 March 2017 02:23 PM Bahrain Kuwaiti Insurance to pay 30% dividends
Mubasher: The ordinary general meeting (OGM) of Bahrain Kuwaiti Insurance approved the board’s recommendation of distributing 30% cash dividends for fiscal year 2016. The company, which is listed on both Boursa Kuwait and the Bahrain Bourse (BHB), …
Corporate Actions
Board members recommended 30% cash dividends (Photo Credit: Mubasher)
26 February 2017 11:24 AM Bahrain Kuwait Insurance Q4 profits down; dividends proposed
Mubasher: Bahrain Kuwait Insurance posted a drop of 20.9% in profits during the fourth quarter of 2016 as compared to the same period a year ago. Earnings shrank to BHD 757,000 ($1.9 million) in Q4-16 from BHD 957,000 ($2.4 million) in Q4-15, …
Cash Dividends
Mubasher Info said that Bahrain Kuwaiti Insurance signed a MoU with Bahrain Islamic Bank (Photo Credit: Arabianeye-Reuters)
23 February 2017 11:00 AM Bahrain Islamic Bank confirms takeover news
Mubasher: Bahrain Islamic Bank confirmed on Thursday the news published on Mubasher Info website which said that the bank had signed a memorandum of understanding (MoU) with Bahrain Kuwaiti Insurance, which is listed on both Bahrain Bourse and …
Companies Investments
(Photo archive)
21 February 2017 10:48 AM Bahrain Kuwait Insurance raises stake in Takaful International to 64%
Kuwait – Mubasher: Bahrain Kuwait Insurance signed a memorandum of understanding (MoU) with Bahrain Islamic Bank to buy its full stake in Bahrain's Takaful International. The company, which is listed on Boursa Kuwait and Bahrain Bourse, said that …
Mergers and Acquisitions
The company earned KWD 276,666 ($912,340) in Q3 - Photo Credit: Reuters
6 November 2016 08:58 AM Bahrain Kuwaiti Insurance sees lower Q3 profits
Kuwait – Mubasher: Bahrain Kuwaiti Insurance earned KWD 276,666 ($912,340) in the third quarter of 2016, lower 20% year-on-year from KWD 344,910 ($1.13 million), according to a bourse filing. Over the first nine months, net profits grew 20% …
Financial Results
(Photo credit: Arabianeye-Reuters)
3 November 2016 09:02 AM Bahrain Kuwait Insurance to discuss financials Thursday
Kuwait – Mubasher: Bahrain Kuwait Insurance said its board will convene on Thursday, 3 November, to discuss the company's financial results for the third quarter of 2016. The board will meet at 1:00 pm Kuwait time, the Bahrain and Kuwait-listed …
Event
The company generated profits of $2.29 million in H1-16 (Photo Credit: Arabianeye-Reuters)
7 August 2016 08:40 AM Bahrain Kuwaiti Insurance Q2 profits rise
Kuwait-Mubasher: Bahrain Kuwaiti Insurance Company, listed on Kuwait and Bahrain’s bourses, reported a 17.7% rise in its second-quarter profits, according to a bourse statement. Profits reached $1.33 million in Q2-16, compared to $1.13 million in …
Financial Results
The profit growth is mainly attributed to 138% higher operating profits. (Photo Credit: Arabianeye-Reuters)
8 May 2016 08:59 AM Bahrain Kuwaiti Insurance posts higher profits in Q1
Kuwait-Mubasher: Bahrain Kuwaiti Insurance Company, listed on Kuwait and Bahrain’s bourses, posted a 55.7% rise year-on-year in its first-quarter profits, according to a bourse statement. Profits reached KWD 774,800 ($2.58 million) in Q1-16, …
Financial Results
Bahrain Kuwaiti Insurance Company (Photo Archive)
20 March 2016 00:32 PM Bahrain Kuwaiti Insurance’s OGM OKs 30% cash dividends
Mubasher: Bahrain Kuwaiti Insurance Company said Sunday that its ordinary general meeting (OGM) approved the board of director’s proposal to distribute cash dividends at 30% of the capital for the fiscal year 2015. The OGM also adopted the board …
General Assembly