KUWAITRE
KUWAITRE
-4.04%
356.00
-15.00
KUWAITRE
Kuwait-Mubasher: Kuwait Reinsurance recorded a jump of 485.8% in its nine-month-period earnings.
The company posted KWD 1.87 million ($6.17 million) in 9M-15, compared to about KWD 319,200 ($1.05 million) in 9M-14.
The Kuwaiti company said that the surge in profits was due to an increase in installments profits and investment, as well as a decrease in losses.
Source:
Mubasher