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	Mar 31, 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	4.01	24.27	29.44	26.27	19.24	21.4
Policy Loans	-	-	-	-	-	0.02
Other Investments	49.94	21.71	8.79	5.18	5.01	0.3
Total Investments	80.58	70.56	66.23	52.18	44.72	40.28
Cash & Equivalents	8.48	8.32	5.96	5.37	6.85	7.45
Reinsurance Recoverable	22.73	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	6.59	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	2.84	6.38	4.16	3.4	2.37	2.5
Total Assets	123.03	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	Mar 31, 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	44.74	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	13.58	2	4	4	4	4
Other Current Liabilities	-	1.38	1.39	1.31	1.28	1.22
Other Long-Term Liabilities	11.88	13.91	14.75	7.47	6.43	4.33
Total Liabilities	70.2	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	Mar 31, 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	13.67	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	14.55	13.79	7.07	3.42	4.56	7.61
Total Common Equity	52.76	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	52.83	54.33	43.29	36.29	37.11	40.64
Total Liabilities & Equity	123.03	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	Mar 31, 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	13.58	2	4	4	4	4
Net Cash (Debt)	-5.1	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	-0.02	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	52.76	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: Mar 31, 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 2, 2026

Data Sources Report a data error