Al Ahleia Insurance Co S.A.K.P. (AINS`R)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

10 November 2016 01:46 PM Al Ahleia Insurance Q3 profits drop 88.6% YoY

Kuwait – Mubasher: Al Ahleia Insurance achieved a plunge of 88.6% in profits during the third quarter of 2016 as compared to the same period a year ago. The company’s earnings amounted to KWD 458,994 ($1.51 million) in Q3-16, compared with KWD …

Financial Results

7 November 2016 09:26 AM Al Ahleia, Al Salam to discuss financials 10 November

Kuwait – Mubasher: Al Ahleia Insurance will hold its board meeting on 10 November to review the financial statements of the third quarter ended 30 September, 2016. In the second quarter this year, the company achieved profits worth KWD 2.35 …

Financial Results

28 September 2016 01:02 PM S&P affirms Al Ahleia Insurance credit ratings

Kuwait-Mubasher: Standard & Poor's Ratings Services (S&P) affirmed its counterparty credit and insurer financial strength ratings on Al Ahleia Insurance Co at “-A”, with a “Stable” outlook, according to a bourse statement. The ratings reflected …

Ratings

7 August 2016 01:20 PM Al Ahleia Insurance posts lower profits in Q2

Kuwait – Mubasher: Al Ahleia Insurance posted a decline of 6.8% in profits of the second quarter of 2016 as compared to the same period of 2015. Earnings reached KWD 2.35 million ($7.77 million) in Q2-16 versus KWD 2.52 million ($8.34 million) in …

Financial Results

10 May 2016 02:11 PM Al Ahleia Insurance’s profit shrinks 1% in Q1

Kuwait – Mubasher: Al Ahleia Insurance Company’s earnings declined in the first quarter of fiscal 2016 by 1.1% year-on-year. Net profit reached KWD 3.37 million ($11.18 million) in Q1-16, versus KWD 3.41 million ($11.31 million) in Q1-15, …

Financial Results

5 April 2016 00:29 PM Al Ahleia Insurance to pay FY15 dividends

Kuwait-Mubasher: Shareholder of Al Ahleia Insurance agreed on distributing cash dividends at 35% of capital or 35 fils per share for the fiscal year 2015, according to a statement. During the fiscal year 2015, the Kuwait-listed firm achieved …

Corporate Actions

18 February 2016 07:02 AM Al Ahleia Insurance Q4 profit rises to KWD1.4m

Kuwait – Mubasher: Al Ahleia Insurance posted a 32.7% year-on-year growth in net profits for the fourth quarter of 2015 to KWD 1.38 million ($4.61 million) from KWD1.04 million ($3.47 million). The company’s annual profits jumped 31.3% to KWD11.19 …

Financial Results

27 December 2015 10:27 AM Weekly changes in KSE’s equity ownership - AlJoman

Kuwait-Mubasher: AlJoman Center for Economic said that six companies have seen changes in Kuwait Stock Exchange’s (KSE) equity ownership in the week ended 24 December, as Al Ahleia Insurance increased its stake in Independent Petroleum Group by …

Trading Activities

15 December 2015 00:33 PM S&P affirms Al-Ahleia Insurance after takeover deal

Kuwait-Mubasher: Al-Ahleia Insurance said that Standard & Poor's Ratings Services has revised the company’s 'A-' counterparty credit and insurer financial strength ratings, following their removal from CreditWatch with negative implications, yet …

Stock Evaluations

8 November 2015 07:19 AM Al Ahleia Insurance Q3 profits soar 153%

Kuwait-Mubasher: Al Ahleia Insurance recorded a surge of 153% to KWD 3.98 million in earnings of the third quarter as compared to KWD 1.57 million in the corresponding period of 2014. In the nine-month period, the company’s profits posted KWD 9.91 …

Financial Results

5 November 2015 06:31 AM Eight listed firms to discuss financials 5 Nov

Kuwait-Mubasher: Boards of eight KSE-listed companies will hold their meetings on Thursday to disclose the financial statements for the nine months ended 30 September, 2015. The eight firms include Mezzan Holding, National Petroleum Services, …

Event

29 September 2015 09:06 AM Warba Insurance sells full stake in Kuwait Re

Kuwait-Mubasher: Warba Insurance divested its entire stake in Kuwait Reinsurance for a total of KWD 1.12 million, according to a bourse statement. Warba exited its stake in Kuwait Re after selling 5.6 million shares to an unnamed buyer, according …

Mergers and Acquisitions

27 September 2015 10:55 AM Weekly changes in KSE equities - Al Joman report

Kuwait-Mubasher: Al Joman Center for Economic Consultancy issued a weekly report on changes in equity ownerships for companies listed on the Kuwait Stock Exchange for the three sessions held before Eid Al Adha break. Al Ahlia Insurance increased …

Trading Activities

3 September 2015 02:12 PM Al Ahleia's recent acquisition affects financial flexibility – Moody's

Moody's Investors Service affirmed Al Ahleia's Insurance Company at A3 insurance financial strength rating (IFSR) and changed the outlook to negative from stable, after Al Ahleia made a bid in July for Kuwait Reinsurance Company, offering about …

Ratings

1 September 2015 11:44 AM Al Ahleia seals KWD 18m deal to takeover Reinsurance

Al Ahleia Insurance has acquired 61.27% of Kuwait Reinsurance’s shares on Tuesday, the company said in a bourse filing. The Kuwaiti capital market authority previously agreed on Al Ahleia’s mandatory takeover of 91.9 million shares of Reinsurance …

Company News

30 August 2015 02:03 PM Kuwait puts retiree insurance out to tender

The Kuwait’s central tenders committee has launched a tender to provide health insurance to retired citizens, in accordance with law No. 114 of the Ministry of Health in 2014. Seven companies accepted the government invitation, including Al Ahleia …

General News

11 August 2015 10:36 AM Moody's changes Al Ahleia's outlook to ‘negative’, affirms rating

Kuwait – Mubasher: Moody's Investors Service has affirmed the A3 insurance financial strength rating (IFSR) of Al Ahleia Insurance Co., changing the outlook to negative from stable. According to the ratings agency, the affirmation and change in …

Ratings

9 August 2015 00:09 PM Al-Ahleia’s CreditWatch rating 'temporary'

Al-Ahleia Insurance Company said it received ratings from Standard & Poor's at 'A-' counterparty credit and insurer financial strength on CreditWatch, with negative implications. Kuwaiti Al-Ahleia commented that these ratings are only temporary …

Ratings

6 August 2015 09:24 AM Al Ahleia Insurance H1 profits up 0.3%

Al Ahleia Insurance posted a slight rise of 0.3% to KWD 5.93 million ($19.52 million) in earnings for the first half as compared to KWD 5.91 million ($19.46 million) in the same period of 2014, according to a bourse filing on Thursday. The Kuwaiti …

Company News

21 July 2015 09:38 AM Al Ahleia Insurance bid approved by 61.4% in Kuwait Reinsurance

Kuwait – Mubasher: Al Ahleia Insurance’s previously announced buyout has been approved by nearly 61.37% of Kuwait Reinsurance shareholders who would sell a total of 92.05 million of their shares, a statement said on Tuesday. Earlier, Kuwait …

Company News

21 July 2015 06:30 AM Investment firm eyes part in buying out Kuwait Reinsurance

Kuwait Investment said Tuesday it requested to participate in Al Ahleia Insurance Company’s mandatory tender offer to buy the remaining shares of Kuwait Reinsurance for 200 fils per share. Sealing the KWD 3 million deal would generate a KWD 2.2 …

Company News

16 July 2015 09:59 AM Warba Insurance exits Kuwait Reinsurance

Kuwait – Mubasher: Warba Insurance Co. said on Thursday it approved selling its entire stake in Kuwait Reinsurance to Al Ahleia Insurance, according to a bourse statement. Warba’s stake in Kuwait Reinsurance amounts to 5.625 million share and was …

Mergers and Acquisitions

2 July 2015 07:42 AM Changes in KSE equities Wednesday

The Kuwait Stock Exchange (KSE) showed a number of changes in equity ownership ratios by the end of the session ended Wednesday. Mubasher reported a couple of changes indicating that Al Ahleia Insurance raised its stake in Kuwait Hotels from …

Company News

15 June 2015 08:11 AM Kuwait Reinsurance says Al Ahleia Insurance buyout offer unfair

Kuwait Reinsurance said Monday that its board members consider the mandatory tender offer submitted by Al Ahleia Insurance to be unfair.Al Ahleia Insurance, which currently holds a 29.998% stake in Kuwait Reinsurance, had offered to take over the …

Mergers and Acquisitions

14 June 2015 06:42 AM Kuwait Reinsurance mulls buyout offer from Al Ahleia Insurance

Kuwait Reinsurance board members are meeting on Sunday to study a mandatory tender offer presented by stockholder Al Ahleia Insurance, according to a bourse statement.Kuwait Reinsurance has appointed an independent financial advisor to prepare a …

Mergers and Acquisitions