News Reinsurance20 Nov 2018

Kuwait:Composite reinsurer sees underwriting gains soar by 41% for first 9 months

| 20 Nov 2018

Kuwait Re, which has a base in Malaysia, has chalked up a 41% jump in underwriting results for the first nine months of this year to KWD2.66m ($8.80m), compared to KWD1.88m for the corresponding period in 2017. With the good performance, the combined ratio improved to 96% compared to 98% for the same period last year, says the reinsurer in a statement.

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