Gulf Insurance Group KSCP (Kuwait) 2024 Annual Report with Sustainability Disclosures
The report outlines Gulf Insurance Group's (GIG) financial and non-financial performance for the fiscal year 2024. GIG achieved a net profit of KD 25.9 million and expanded its regional presence across 12 countries. Key highlights include the successful completion of Fairfax Financial Holdings' mandatory acquisition, increasing its ownership to 97.06%. In sustainability, GIG launched the region's first Well-being Report and partnered with DHL GoGreen Plus to reduce Scope 3 emissions. The Group also implemented various digital transformation initiatives and supported numerous community programs across the MENA region.
Company: Gulf Insurance Group KSCP (Kuwait)
Sector: Finance & insurance
Country: Kuwait
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 84
Gulf Insurance Group KSCP (Kuwait)
The report outlines Gulf Insurance Group's (GIG) financial and non-financial performance for the fiscal year 2024. GIG achieved a net profit of KD 25.9 million and expanded its regional presence across 12 countries. Key highlights include the successful completion of Fairfax Financial Holdings' mandatory acquisition, increasing its ownership to 97.06%. In sustainability, GIG launched the region's first Well-being Report and partnered with DHL GoGreen Plus to reduce Scope 3 emissions. The Group also implemented various digital transformation initiatives and supported numerous community programs across the MENA region.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees