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

KWSE:KUWAITRE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	22	22	22	18.7	16.7	13.7
Investments in Equity & Preferred Securities	-	-	-	6.66	6.65	6.8
Other Investments	174.03	160.68	124.5	106.15	95.03	73.55
Total Investments	219.66	204.17	166.72	143.32	130.19	105.87
Cash & Equivalents	5.73	5.25	5.12	4.65	5.9	7.07
Reinsurance Recoverable	23.8	17.04	22.12	9.4	25.24	22.17
Other Receivables	4.13	3.43	3.17	1.79	22.98	19.64
Deferred Policy Acquisition Cost	-	-	-	-	5.44	4.74
Property, Plant & Equipment	1.41	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	254.74	231.55	198.82	160.88	191.47	161.27
Insurance & Annuity Liabilities	147.22	129.53	110.51	87.53	-	-
Unpaid Claims	-	-	-	-	95.18	76.51
Unearned Premiums	-	-	-	-	27.23	23.33
Reinsurance Payable	5.96	6.86	5.57	0.67	3.54	2.72
Other Current Liabilities	3.33	3.46	3.05	2.2	2.34	1.89
Total Liabilities	156.51	139.85	119.13	90.41	128.29	104.45
Common Stock	31.1	28.79	26.18	24.02	22.03	20.4
Additional Paid-In Capital	5.3	5.3	5.3	5.3	5.3	5.3
Retained Earnings	63.15	58.79	49.1	40.83	34.95	31.28
Treasury Stock	-0.24	-0.24	-0.24	-0.23	-0.23	-0.23
Comprehensive Income & Other	-1.08	-0.94	-0.65	0.57	1.13	0.08
Shareholders' Equity	98.22	91.71	79.69	70.48	63.18	56.83
Total Liabilities & Equity	254.74	231.55	198.82	160.88	191.47	161.27
Filing Date Shares Outstanding	308.52	308.46	308.46	308.47	308.48	308.48
Total Common Shares Outstanding	308.52	308.46	308.46	308.47	308.48	308.48
Net Cash (Debt)	5.73	5.25	5.12	4.65	5.9	7.07
Net Cash Growth	19.98%	2.50%	10.11%	-21.15%	-16.58%	54.42%
Net Cash Per Share	0.02	0.02	0.02	0.02	0.02	0.02
Book Value Per Share	0.32	0.30	0.26	0.23	0.20	0.18
Tangible Book Value	98.22	91.71	79.69	70.48	63.18	56.83
Tangible Book Value Per Share	0.32	0.30	0.26	0.23	0.20	0.18

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.