Gulf Insurance Group - Gig · TADAWUL:8250
Gulf Insurance Group - Gig — Gulf Insurance Group — Investor Presentation (May 2023)
7 slides from Gulf Insurance Group - Gig's investor presentation, May 2023
Slide 1: Gulf Insurance Group
Gulf Insurance Group May 2023
Slide 2: 2022 at a Glance
2022 at a Glance GROSS NET PREMIUMS TOTAL SH EQUITY WRITTEN PROFITS ASSETS KD KD KD KD 831.7 38.2 1.35 229.0 million million billion million US$ US$ US$ US$ 2.7 124.7 4.4 748.2 billion million billion million 2
Slide 3: 2022 Key Achievements
2022 Key Achievements Won AFYA 3 tender and signed the contract for a period of 2 years (the mandatory health insurance policy for retired citizens). Board of Directors approved to EVOLVE GIG’s unified brand as part of a strategic transformation, and the Group unveiled an evolved BRAND across al
Slide 4: 2022 Premium Distribution By Country
2022 Premium Distribution By Country Kuwait* Saudi UAE Bahrain** Egypt*** Turkey GWP Share 37% GWP Share 15% GWP Share 14% GWP Share 10% GWP Share 7% GWP Share 6% KD 305mn| $ 995 mn KD 127mn| $ 415mn KD 116mn| $ 380mn KD 80mn| $ 260mn KD 56mn| $ 183mn KD 48mn| $ 159mn Jordan Oman Qatar Algeria Syria
Slide 5: Group Credit Rating
2022 Group Credit Rating Rating Standing A Outlook Stable Successfully maintained ‘A’ level Rating Standing A Financial Strength rating by 3 Outlook Stable internationally renowned Credit Rating agencies Rating Standing A3 Outlook Positive 5
Slide 6: 2023 Key Strategic Objectives
2023 Key Strategic Objectives Reinforce our Position among the top 3 leading Insurance companies in MENA region by Gross Written Premiums Fostering products & services innovation via Digital Channels to represent 10% of annual GPW Reinforce geographical presence in MENA via friendly acquisitions and
Slide 7: Invested in You. GIG
‘Invested in You. GIG &é
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