First Takaful Insurance Company KSCC (FTI) : Company Profile and SWOT Analysis by WMIntelligence

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									First Takaful Insurance Company KSCC

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First Takaful Insurance Company                                               Financial Snapshot

KSCC
                                                                              Return on Equity
Fast Facts
                                                                              The company recorded a return on equity (ROE) of
Headquarters Address                      Enma'a Tower, Safat, 13058,Kuwait   10.56% for 2012, as compared to its peers, Gulf
                                                                              Insurance Co KSC (GINS), Al Ahleia Insurance
Telephone                                 + 965 1 880055                      Company SAK (AINS) and Kuwait Insurance
                                                                              Company SAK (KINS), which recorded ROEs of
Fax                                       + 965 2 2444599                     12.73%, 9.79% and 8.47% respectively. The
                                                                              company reported an operating margin of 81.19% in
                                                                              2012.
Website                                   www.firsttakaful.com

Ticker Symbol, Stock Exchange             FTI, Kuwait Stock Exchange          Return on Equity

Number of Employees                       74

Fiscal Year End                           December

Revenue (in US$ million)                  4




SWOT Analysis

Strengths                                 Weaknesses

Broad product portfolio                   Limited Scale of Operations         Financial Leverage

Strong financial performance                                                  The company reported a debt to equity ratio of 0.00 in
                                                                              2012, as compared to its peers, Gulf Insurance Co
                                                                              KSC, Al Ahleia Insurance Company SAK and Kuwait
Opportunities                             Threats                             Insurance Company SAK, which recorded debt to
                                                                              equity ratios of 0.28, 0.00 and 0.00 respectively.
Growing personal accident and health                                          Furthermore, in 2012, the company recorded a debt
                                     Changing regulations
insurance industry in Kuwait                                                  to capital ratio of 0.00, as compared to its peers, Gulf
Positive outlook for non-life insurance                                       Insurance Co KSC, Al Ahleia Insurance Company
                                          Fluctuations in interest rates      SAK and Kuwait Insurance Company SAK, which
segment
                                                                              recorded debt to capital ratios of 0.07, 0.00 and 0.00
                                                                              respectively.




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First Takaful Insurance Company KSCC - SWOT                                                                            Page 1
Profile
First Takaful Insurance Company KSCC

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ......................................................................................................................................... 5
    1.2       Business Description ....................................................................................................................................... 6
    1.3       Major Products and Services ........................................................................................................................... 7
2     Analysis of Key Performance Indicators ............................................................................................... 9
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ....................................... 9
    2.2       Key Financial Performance Indicators ............................................................................................................ 11
      2.2.1       Total Revenues and Operating Profit ......................................................................................................... 11
      2.2.2       Asset and Liabilities ................................................................................................................................... 12
      2.2.3       Valuation ...........................................
								
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