Kuwait-Mubasher: Bahrain Kuwaiti Insurance Company, listed on Kuwait and Bahrain’s bourses, reported a 17.7% rise in its second-quarter profits, according to a bourse statement.

Profits reached $1.33 million in Q2-16, compared to $1.13 million in Q2-15.

The company generated profits of $2.29 million in H1-16, a 30.1% growth from $1.76 million in H1-15.

The profit rise is mainly attributed to higher operating profits and net investment income seen during the period, the statement highlighted.