Kuwait Reinsurance Company K.S.C.P. (KWSE:KUWAITRE)

KWSE:KUWAITRE Balance Sheet

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	22	22	18.7	16.7	13.7
Investments in Equity & Preferred Securities	-	-	6.66	6.65	6.8
Other Investments	160.68	124.5	106.15	95.03	73.55
Total Investments	204.17	166.72	143.32	130.19	105.87
Cash & Equivalents	5.25	5.12	4.65	5.9	7.07
Reinsurance Recoverable	17.04	22.12	9.4	25.24	22.17
Other Receivables	3.43	3.17	1.79	22.98	19.64
Deferred Policy Acquisition Cost	-	-	-	5.44	4.74
Property, Plant & Equipment	1.43	1.42	1.44	1.48	1.57
Other Current Assets	0.12	0.16	0.16	0.12	0.11
Other Long-Term Assets	0.11	0.11	0.11	0.11	0.11
Total Assets	231.55	198.82	160.88	191.47	161.27
Insurance & Annuity Liabilities	129.53	110.51	87.53	-	-
Unpaid Claims	-	-	-	95.18	76.51
Unearned Premiums	-	-	-	27.23	23.33
Reinsurance Payable	6.86	5.57	0.67	3.54	2.72
Other Current Liabilities	3.46	3.05	2.2	2.34	1.89
Total Liabilities	139.85	119.13	90.41	128.29	104.45
Common Stock	28.79	26.18	24.02	22.03	20.4
Additional Paid-In Capital	5.3	5.3	5.3	5.3	5.3
Retained Earnings	58.79	49.1	40.83	34.95	31.28
Treasury Stock	-0.24	-0.24	-0.23	-0.23	-0.23
Comprehensive Income & Other	-0.94	-0.65	0.57	1.13	0.08
Shareholders' Equity	91.71	79.69	70.48	63.18	56.83
Total Liabilities & Equity	231.55	198.82	160.88	191.47	161.27
Filing Date Shares Outstanding	285.61	285.61	285.62	285.63	285.63
Total Common Shares Outstanding	285.61	285.61	285.62	285.63	285.63
Net Cash (Debt)	5.25	5.12	4.65	5.9	7.07
Net Cash Growth	2.50%	10.11%	-21.15%	-16.58%	54.42%
Net Cash Per Share	0.02	0.02	0.02	0.02	0.02
Book Value Per Share	0.32	0.28	0.25	0.22	0.20
Tangible Book Value	91.71	79.69	70.48	63.18	56.83
Tangible Book Value Per Share	0.32	0.28	0.25	0.22	0.20

Source: S&P Capital IQ. Insurance template. Financial Sources.