Warba Insurance and Reinsurance Company (K.S.C.P.) (KWSE:WINSRE)

KWSE:WINSRE Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	-	-	0.54	0.49	8.9	9.26
Investments in Equity & Preferred Securities	3.97	24.27	29.44	26.27	19.24	21.4
Policy Loans	-	-	-	-	-	0.02
Other Investments	46.86	21.71	8.79	5.18	5.01	0.3
Total Investments	80.06	70.56	66.23	52.18	44.72	40.28
Cash & Equivalents	5.86	8.32	5.96	5.37	6.85	7.45
Reinsurance Recoverable	20.67	19.7	18.54	21.59	24.1	50.47
Other Receivables	-	0.82	0.45	0.34	0.31	9.28
Deferred Policy Acquisition Cost	-	-	-	-	-	0.62
Property, Plant & Equipment	6.55	6.64	6.75	7.17	7.3	7.24
Other Current Assets	1.8	2.12	2.01	2.04	2.07	5.37
Other Long-Term Assets	1.82	6.38	4.16	3.4	2.37	2.5
Total Assets	116.76	114.53	104.1	92.11	87.72	123.19

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	-	-	-	-	3.61
Accrued Expenses	-	2.26	1.69	1.54	1.06	1.43
Insurance & Annuity Liabilities	41.19	38.19	36.68	39.35	35.76	7.36
Unpaid Claims	-	-	-	-	-	52.12
Unearned Premiums	-	-	-	-	-	6.07
Reinsurance Payable	-	-	-	-	-	0.7
Current Income Taxes Payable	-	0.31	0.35	0.28	0.22	-
Long-Term Debt	14.5	2	4	4	4	4
Other Current Liabilities	-	1.38	1.39	1.31	1.28	1.22
Other Long-Term Liabilities	7.59	13.91	14.75	7.47	6.43	4.33
Total Liabilities	63.28	60.2	60.81	55.82	50.62	82.56

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	25	25	25	25	17.71	17.71
Additional Paid-In Capital	0.22	0.22	0.22	0.21	0.22	0.31
Retained Earnings	14.98	15.99	11.68	8.91	15.8	15.97
Treasury Stock	-0.69	-0.69	-0.69	-1.21	-1.12	-0.89
Comprehensive Income & Other	13.9	13.79	7.07	3.42	4.56	7.61
Total Common Equity	53.41	54.31	43.29	36.33	37.17	40.7
Minority Interest	0.07	0.02	0	-0.04	-0.07	-0.06
Shareholders' Equity	53.48	54.33	43.29	36.29	37.11	40.64
Total Liabilities & Equity	116.76	114.53	104.1	92.11	87.72	123.19

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	243.43	243.43	243.43	238.21	239.27	241.83
Total Common Shares Outstanding	243.43	243.43	243.43	238.21	239.27	241.83
Total Debt	14.5	2	4	4	4	4
Net Cash (Debt)	-8.64	6.32	1.96	1.37	2.85	3.45
Net Cash Growth	-	222.93%	42.46%	-51.83%	-17.19%	-7.72%
Net Cash Per Share	-0.04	0.03	0.01	0.01	0.01	0.01
Book Value Per Share	0.22	0.22	0.18	0.15	0.16	0.17
Tangible Book Value	53.41	54.31	43.29	36.33	37.17	40.7
Tangible Book Value Per Share	0.22	0.22	0.18	0.15	0.16	0.17
Land	-	8.63	8.63	8.63	8.63	8.63
Machinery	-	3.1	3.01	2.79	2.69	2.55
Construction In Progress	-	0.05	0	0.39	0.39	0.26

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 25, 2026

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