Gulf Insurance Group K.S.C.P Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Khaled Saoud Abdul Al Hasan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	22.3yrs
CEO ownership	n/a
Management average tenure	7.1yrs
Board average tenure	no data

Recent management updates

Recent updates

CEO

Khaled Saoud Abdul Al Hasan (70 yo)

22.3yrs

Tenure

Mr. Khaled Saoud Abdul Aziz Al Hasan serves as Group Chief Executive Officer of Gulf Insurance at Fairfax Financial Holdings Limited since March 2024. Mr. Al Hasan serves as Vice Chairman of Gulf Insurance...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Khaled Saoud Abdul Al Hasan	Group CEO & Executive Director	22.3yrs	no data	no data
Faisal Hamad Mubarak Al Ayyar	Executive Vice Chairman	no data	no data	no data
Osama Kamel Mostafa Kishk	Group Chief Financial Officer	6.9yrs	no data	no data
Rami Selim Mohammed Al Baraky	Group Executive Manager of Finance	no data	no data	no data
Khalid Al Sanousi	Group Executive Manager of Corporate Communications & Investor Relations	6.3yrs	no data	no data
Sridharan Sundaresan	Group Technical Head of Reinsurance	no data	no data	no data
Syed Adil	Group Head of Religious Business Development	7.3yrs	no data	no data
Isam Khaliq	Chief Executive Officer of AOIC and Board Secretary of AOIC	no data	no data	no data
Ebrahim Mohamed Alrayes	Chief Executive Officer of BKIC	no data	no data	no data

7.1yrs

Average Tenure

69yo

Average Age

Experienced Management: GINS's management team is seasoned and experienced (7.1 years average tenure).

Gulf Insurance Group K.S.C.P Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Gulf Insurance Group K.S.C.P. (KWSE:GINS) acquired 2.71% stake in AIG Egypt Insurance Company S.A.E. for EGP 5.3 million.

Full year 2023 earnings released: EPS: د.ك0.075 (vs د.ك0.14 in FY 2022)

Cigalah Trading Establishments entered into a binding share sale and purchase agreement to acquire a 28.50% stake in Buruj Cooperative Insurance Company (SASE:8270) from Gulf Insurance Group K.S.C.P. (KWSE:GINS) for approximately SAR 120 million.

Fairfax Financial Holdings Limited (TSX:FFH) completed the acquisition of a 46.32% stake in Gulf Insurance Group K.S.C.P. (KWSE:GINS) from Kuwait Projects Company Holding K.S.C.P. (KWSE:KPROJ) for approximately KWD 270 million.

Third quarter 2023 earnings released: د.ك0.014 loss per share (vs د.ك0.029 profit in 3Q 2022)

New minor risk - Profit margin trend

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: د.ك0.056 (vs د.ك0.018 in 2Q 2022)

Upcoming dividend of د.ك0.054 per share at 3.0% yield

First quarter 2023 earnings released: EPS: د.ك0.033 (vs د.ك0.035 in 1Q 2022)

Investor sentiment improves as stock rises 22%

Full year 2022 earnings released: EPS: د.ك0.14 (vs د.ك0.22 in FY 2021)

Investor sentiment improves as stock rises 41%

Third quarter 2022 earnings released: EPS: د.ك0.029 (vs د.ك0.16 in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: EPS: د.ك0.018 (vs د.ك0.031 in 2Q 2021)

Gulf Insurance Group K.S.C.P. to Report Q2, 2022 Results on Aug 11, 2022

First quarter 2022 earnings released: EPS: د.ك0.35 (vs د.ك0.027 in 1Q 2021)

Upcoming dividend of د.ك0.035 per share

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Inaugural dividend of د.ك0.071 per share

Third quarter 2021 earnings released: EPS د.ك0.16 (vs د.ك0.016 in 3Q 2020)

Gulf Insurance Group K.S.C.P. (KWSE:GINS) acquired 28.1% stake in AXA Green Crescent Insurance Company PJSC (ADX:AXAGCIC) from AXA Mediterranean Holding, S.A.

Director Bijan Khosrowshahi has joined 5th company board

Gulf Insurance Group K.S.C.P. (KWSE:GINS) completed the acquisition of Insurance operations in the Gulf region from AXA SA (ENXTPA:CS) and Yusuf Bin Ahmed Kanoo. W.L.L.

Second quarter 2021 earnings released: EPS د.ك0.031 (vs د.ك0.036 in 2Q 2020)

First quarter 2021 earnings released: EPS د.ك0.027 (vs د.ك0.016 in 1Q 2020)

Full year 2020 earnings released: EPS د.ك0.085 (vs د.ك0.074 in FY 2019)

New 90-day high: د.ك0.76

Third quarter 2020 earnings released: EPS د.ك0.017

New 90-day high: د.ك0.62

New 90-day low - د.ك0.55

Gulf Insurance Group K.S.C.P. to Report Q2, 2020 Results on Aug 12, 2020

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age