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 H1 profits is attributed to the significant improvement in underwriting profit, which is the company’s core business, according to a stock exchange statement on Tuesday.

Bahrain Kuwait Insurance Company is a dual-listed company on Boursa Kuwait and Bahrain Bourse (BHB).