Board Change • Apr 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Mar 25
Bahrain Kuwait Insurance Company B.S.C. to Report Q1, 2026 Results on May 06, 2026 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q1, 2026 results on May 06, 2026 Declared Dividend • Feb 26
Dividend of ب.د0.025 announced Dividend of ب.د0.025 is the same as last year. Ex-date: 1st April 2026 Payment date: 16th April 2026 Dividend yield will be 6.0%, which is lower than the industry average of 6.8%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 4.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Feb 26
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Dec 24
Bahrain Kuwait Insurance Company B.S.C. to Report Fiscal Year 2025 Results on Feb 17, 2026 Bahrain Kuwait Insurance Company B.S.C. announced that they will report fiscal year 2025 results on Feb 17, 2026 Board Change • Dec 23
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 26
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Sep 23
Bahrain Kuwait Insurance Company B.S.C. to Report Q3, 2025 Results on Nov 11, 2025 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q3, 2025 results on Nov 11, 2025 Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ب.د0.007 (vs ب.د0.008 in 2Q 2024) Second quarter 2025 results: EPS: ب.د0.007 (down from ب.د0.008 in 2Q 2024). Revenue: ب.د22.1m (up 66% from 2Q 2024). Net income: ب.د1.09m (down 13% from 2Q 2024). Profit margin: 4.9% (down from 9.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Board Change • Aug 05
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 10
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 23
Bahrain Kuwait Insurance Company B.S.C. to Report First Half, 2025 Results on Aug 12, 2025 Bahrain Kuwait Insurance Company B.S.C. announced that they will report first half, 2025 results on Aug 12, 2025 Board Change • Jun 18
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 18
First quarter 2025 earnings released: EPS: ب.د0.011 (vs ب.د0.011 in 1Q 2024) First quarter 2025 results: EPS: ب.د0.011 (in line with 1Q 2024). Revenue: ب.د19.9m (up 45% from 1Q 2024). Net income: ب.د1.60m (down 5.0% from 1Q 2024). Profit margin: 8.0% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Board Change • May 18
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Mar 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q1, 2025 Results on May 13, 2025 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q1, 2025 results on May 13, 2025 Declared Dividend • Feb 19
Dividend of ب.د0.025 announced Dividend of ب.د0.025 is the same as last year. Ex-date: 27th March 2025 Payment date: 15th April 2025 Dividend yield will be 7.5%, which is higher than the industry average of 6.8%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but not covered by cash flows (136% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 18
Full year 2024 earnings released: EPS: ب.د0.035 (vs ب.د0.034 in FY 2023) Full year 2024 results: EPS: ب.د0.035 (up from ب.د0.034 in FY 2023). Revenue: ب.د117.6m (up 130% from FY 2023). Net income: ب.د5.17m (up 3.3% from FY 2023). Profit margin: 4.4% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Bekanntmachung • Feb 18
Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 25, 2025 Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 25, 2025. Bekanntmachung • Feb 17
Bahrain Kuwait Insurance Company B.S.C. Recommends Cash Dividend for the Year Ending 31 December 2024, Payable on 15 April 2025 The Board of Directors of Bahrain Kuwait Insurance Company B.S.C. resolved, at its meeting held on 16 February 2025, to recommend the distribution of cash dividend of 25% equivalent to 25 fils per share amounting to BHD 3,691,762 (excluding the treasury shares) for the year ending 31 December 2024 to the shareholders whose names are registered on the company's register on the 2 April 2025 (Record Date). This is subject to the approval of the company's shareholders on the upcoming Annual General Meeting to be held on 25 March 2025. Cum-Dividend Date is 26 March 2025. Ex-Dividend Date is 27 March 2025. Payment Date is 15 April 2025. If a public holiday falls on any of the specified dates above, the recommended date will be moved to the next business day. Board Change • Feb 10
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Dec 24
Bahrain Kuwait Insurance Company B.S.C. to Report Fiscal Year 2024 Results on Feb 16, 2025 Bahrain Kuwait Insurance Company B.S.C. announced that they will report fiscal year 2024 results at 12:30 PM, Arabian Standard Time on Feb 16, 2025 Board Change • Dec 01
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Nov 28
Bahrain Kuwait Insurance Company B.S.C. Announces Resignation of Ali Ebrahim Mohamed Noor as Chief Operating Officer, Effective January 1, 2025 Bahrain Kuwait Insurance Company B.S.C. announced the resignation of Mr. Ali Ebrahim Mohamed Noor from his position as the Chief Operating Officer due to his retirement from the company effective 1st January 2025. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: ب.د0.007 (vs ب.د0.008 in 3Q 2023) Third quarter 2024 results: EPS: ب.د0.007 (down from ب.د0.008 in 3Q 2023). Revenue: ب.د14.1m (up 15% from 3Q 2023). Net income: ب.د1.06m (down 10% from 3Q 2023). Profit margin: 7.5% (down from 9.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Oct 31
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 23
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Sep 22
Bahrain Kuwait Insurance Company B.S.C. to Report Q3, 2024 Results on Nov 07, 2024 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ب.د0.008 (vs ب.د0.009 in 2Q 2023) Second quarter 2024 results: EPS: ب.د0.008 (down from ب.د0.009 in 2Q 2023). Revenue: ب.د13.3m (up 8.7% from 2Q 2023). Net income: ب.د1.26m (flat on 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Aug 07
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 25
Bahrain Kuwait Insurance Company B.S.C. to Report First Half, 2024 Results on Aug 12, 2024 Bahrain Kuwait Insurance Company B.S.C. announced that they will report first half, 2024 results on Aug 12, 2024 Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 30
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Mar 28
Bahrain Kuwait Insurance Company B.S.C. Approves Cash Dividend, Payable on 16 April 2024 Bahrain Kuwait Insurance Company B.S.C. at its AGM held on March 28, 2024, approved distribution of BD 3,726,095 cash dividends of 25% of the paid-up capital equivalent to 25 fils per share (Excluding the Treasury Shares) to shareholders, and cash dividends will be paid on 16 April 2024. Bekanntmachung • Mar 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q1, 2024 Results on May 12, 2024 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q1, 2024 results on May 12, 2024 Declared Dividend • Mar 26
Dividend of ب.د0.025 announced Dividend of ب.د0.025 is the same as last year. Ex-date: 1st April 2024 Payment date: 16th April 2024 Dividend yield will be 7.1%, which is higher than the industry average of 6.8%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Mar 26
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Declared Dividend • Mar 02
Dividend of ب.د0.025 announced Dividend of ب.د0.025 is the same as last year. Ex-date: 1st April 2024 Payment date: 16th April 2024 Dividend yield will be 7.1%, which is higher than the industry average of 6.8%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 9.8% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. Board Change • Feb 29
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Dec 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q4, 2023 Results on Feb 28, 2024 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q4, 2023 results on Feb 28, 2024 Board Change • Dec 04
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 15
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Sep 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q3, 2023 Results on Nov 09, 2023 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q3, 2023 results on Nov 09, 2023 Board Change • Sep 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
Second quarter 2023 earnings released: EPS: ب.د0.009 (vs ب.د0.01 in 2Q 2022) Second quarter 2023 results: EPS: ب.د0.009 (down from ب.د0.01 in 2Q 2022). Revenue: ب.د26.8m (up 126% from 2Q 2022). Net income: ب.د1.26m (down 14% from 2Q 2022). Profit margin: 4.7% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Jul 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q2, 2023 Results on Aug 10, 2023 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q2, 2023 results at 12:30 PM, Arabian Standard Time on Aug 10, 2023 Board Change • Jun 06
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 15
First quarter 2023 earnings released: EPS: ب.د0.011 (vs ب.د0.008 in 1Q 2022) First quarter 2023 results: EPS: ب.د0.011 (up from ب.د0.008 in 1Q 2022). Revenue: ب.د27.8m (up 148% from 1Q 2022). Net income: ب.د1.51m (up 28% from 1Q 2022). Profit margin: 5.4% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • May 03
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 22
Upcoming dividend of ب.د0.025 per share at 7.4% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 12 April 2023. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 7.4%. Within top quartile of Bahraini dividend payers (6.8%). In line with average of industry peers (6.8%). Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: ب.د0.032 (vs ب.د0.028 in FY 2021) Full year 2022 results: EPS: ب.د0.032 (up from ب.د0.028 in FY 2021). Revenue: ب.د47.7m (up 12% from FY 2021). Net income: ب.د4.75m (up 14% from FY 2021). Profit margin: 9.9% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Feb 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Feb 07
Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 27, 2023 Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 27, 2023. Agenda: To consider board elections. Board Change • Jan 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Jan 03
Bahrain Kuwait Insurance Company B.S.C. Appoints Ms. Fatema Taqi Alsaffar to Chief Financial Officer Bahrain Kuwait Insurance Company B.S.C. appointed Ms. Fatema Taqi Alsaffar to Chief Financial Officer. Bekanntmachung • Dec 23
Bahrain Kuwait Insurance Company B.S.C. to Report Fiscal Year 2022 Results on Feb 28, 2023 Bahrain Kuwait Insurance Company B.S.C. announced that they will report fiscal year 2022 results on Feb 28, 2023 Board Change • Dec 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Sep 26
Bahrain Kuwait Insurance Company B.S.C. to Report Q3, 2022 Results on Nov 10, 2022 Bahrain Kuwait Insurance Company B.S.C. announced that they will report Q3, 2022 results on Nov 10, 2022 Board Change • Aug 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: ب.د0.008 (vs ب.د0.006 in 1Q 2021) First quarter 2022 results: EPS: ب.د0.008 (up from ب.د0.006 in 1Q 2021). Revenue: ب.د11.6m (up 13% from 1Q 2021). Net income: ب.د1.18m (up 24% from 1Q 2021). Profit margin: 10% (in line with 1Q 2021). Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 07
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Mohamed Alrayes was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Bekanntmachung • Mar 01
Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 21, 2022 Bahrain Kuwait Insurance Company B.S.C., Annual General Meeting, Mar 21, 2022, at 07:30 Coordinated Universal Time. Agenda: To approve the previous minutes of Annual General Meeting held on 29 March 2021; to discuss and approve the Board of Directors report for the financial year ended 31 December 2021; to Listen to the external auditors' report on the financial statements for the year ended 31 December 2021; and to discuss any additional matters in accordance with article (207) of Bahrain Commercial Companies Law. Bekanntmachung • Feb 22
Bahrain Kuwait Insurance Company B.S.C. Recommends Dividends for the Year Ended December 31, 2021, Payable on April 6, 2022 Bahrain Kuwait Insurance Company B.S.C. resolved, at its meeting held on February 17, 2022, to recommend the distribution of dividend for the year ending December 31, 2021 to the shareholders whose names are registered on the company's register on the Record Date. This is subject to the approval of the company's shareholders on the upcoming Annual General Meeting, to be held on March 21, 2022. The proposed distribution is as follow: Cash Dividend: 20% equivalent to 20 fils per share amounting to BD 2,987,569 (excluding the treasury shares). Ex-Dividend Date is March 21, 2022, record date March 24, 2022 and Payment Date is April 6, 2022. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ب.د28.00 (up from ب.د0.025 in FY 2020). Revenue: ب.د42.6m (up 6.6% from FY 2020). Net income: ب.د4.15m (up 9.0% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 170% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Feb 10
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Independent & Non-Executive Director Mohamed Zainal was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. 3 independent directors (7 non-independent directors). Independent & Non-Executive Director Mohamed Zainal was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 14
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (7 non-independent directors). Independent & Non-Executive Director Mohamed Zainal was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Director Overboarding • Sep 11
Director Bijan Khosrowshahi has joined 5th company board Non-Executive Director Bijan Khosrowshahi has been appointed to the board of AXA Cooperative Insurance Company (SASE:8250). Khosrowshahi now sits on a total of 5 company boards. According to the Simply Wall St Risk Model, the director is at risk of having too many board obligations. Board Change • Aug 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (7 non-independent directors). Independent & Non-Executive Director Mohamed Zainal was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS ب.د0.01 (vs ب.د0.01 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ب.د10.1m (up 3.6% from 2Q 2020). Net income: ب.د1.49m (up 2.6% from 2Q 2020). Profit margin: 15% (in line with 2Q 2020). Board Change • Jul 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (7 non-independent directors). Independent & Non-Executive Director Mohamed Zainal was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.