LIVA Insurance Co. announces its Interim Financial Results for the period ending on 2026-06-30 ( Six Months )

LIVA Insurance Co. reported a 213.6% surge in net profit after Zakat to SAR 16.49 million for the six-month period ending June 30, 2026, compared to SAR 5.26 million in the equivalent period last year.
Insurance revenues for the half-year reached SAR 411.32 million, a 57.4% year-over-year increase driven primarily by business expansion and new policy issuances in the motor and group life segments.
Net insurance service results improved significantly to SAR 8.52 million from a loss of SAR 4.85 million in the prior year, while total investment income grew 21.2% to SAR 21.19 million, though these gains were partially offset by a 45.2% rise in operating expenses.
Earnings per share rose to SAR 0.41 from SAR 0.13, contributing to a 10.4% increase in total shareholders' equity to SAR 495.17 million and a substantial jump in retained earnings to SAR 20.74 million.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Insurance Revenues	228,260	136,232	67.552	183,055	24.694
Result of Insurance Services	39,594	24,315	62.837	12,306	221.745
Net Profit (Loss) of The Insurance Results	7,361	-1,300	-	1,161	534.022
Net Profit (Loss) of The Investment Results	11,189	8,606	30.013	10,003	11.856
Net Insurance Financing Expenses	-578	-540	7.037	-1,427	-59.495
Net Profit (Loss), After Zakat, Attributable To Shareholders	9,256	3,415	171.039	7,231	28.004
Total Comprehensive Income Attributable to Shareholders of the Issuer	9,256	3,415	171.039	7,231	28.004
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Insurance Revenues	411,315	261,368	57.37
Result of Insurance Services	51,900	47,487	9.293
Net Profit (Loss) of The Insurance Results	8,522	-4,848	-
Net Profit (Loss) of The Investment Results	21,192	17,492	21.152
Net Insurance Financing Expenses	-2,005	-1,401	43.112
Net Profit (Loss), After Zakat, Attributable To Shareholders	16,487	5,257	213.619
Total Comprehensive Income Attributable to Shareholders of the Issuer	16,487	7,766	112.297
Total Shareholders Equity (after Deducting Minority Equity)	495,165	448,317	10.449
Profit (Loss) per Share	0.41	0.13
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is	The insurance revenues during the current quarter increased by SAR 92,028 thousand with an increase of 67.6% compared to same quarter for previous year. This is mainly driven by business growth in motor and group life businesses.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The Company achieved a net income after zakat of SAR 9,256 thousand during the current quarter compared to SAR 3,415 thousand of the same quarter for the previous year. This was mainly due to the following reasons: • Increase of the insurance service results during the current quarter by SAR 15,279 thousand, driven by business growth. • Net investment income grew during the current quarter by 30% and amounted to SAR 11,189 thousand compared to SAR 8,606 thousands in the same quarter for previous year. This increase was partly offset by: • The net expense from reinsurance contracts held during the current quarter (SAR 32,233 thousand) increased by SAR 6,618 thousand compared to the same quarter for previous year (SAR 25,615 thousand), mainly due to the growth of reinsurance share of premiums ceded for business writted during the current quarter. • Other operating expenses during the current quarter increased by SAR 3,071 thousand. • Zakat provision during the current quarter increased by SAR 1,388 thousand.
The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is	The insurance revenues during the current quarter increased by SAR 45,205 thousand with an increase of 24.7% compared to the previous quarter. This is mainly driven by the issuance of new policies in the Company's motor and group life businesses.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is	The Company achieved net income after zakat of SAR 9,256 thousand during the current quarter compared to SAR 7,231 thousand of the previous quarter. This was mainly due to the increase of the net insurance service results during the current quarter by SAR 6,200 thousand, mainly driven by an increase in the insurance revenue.
The reason of the increase (decrease) in the revenues during the current period compared to the same period of the last year is	The insurance revenue during the current period increased by SAR 149,947 thousand with an increase of 57.4%, compared to same period last year. The increase is mainly driven by the growth of the Company's business for motor and group life businesses.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The Company achieved a net income before zakat for the current period of SAR 19,087 thousand compared to SAR 6,510 thousand for the same period last year, with an increase of 193.2%. Net income after Zakat achieved is SAR 16,487 thousand during the current period compared to SAR 5,257 thousand for the same period last year, with an increase of 213.6%. This increase of net profits was mainly driven by: • The net insurance service result during the current period amounted to SAR 8,522 thousand compared to (SAR 4,848) thousand for the same period last year with an increase of 275.8%. • Total investment income amounted to SAR 21,192 thousand during the current period compared to SAR 17,492 thousand for the same period last year, with an increase by 21.2%. This increase in net profit was partly offset by: • Other operating expenses amounted to SAR 8,622 thousand during the current period compared to SAR 5,939 thousand the same period last year, with an increase by 45.2%. • Zakat provision during the current period increased by SAR 1,347 thousand.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	None
Additional Information	• The Earnings per share during the current quarter amounted to SAR 0.23 compared to SAR 0.09 during the same quarter of the previous year. The calculation of Earnings Per Share is based on the net income after zakat attributable to shareholders divided by the number of shares. • The net profit after zakat attributable to shareholders for the current quarter amounted to SAR 9,256 thousand, with a total of 40,000 thousand shares as of 30-06-2026. In comparison, during the same quarter of previous year, the net profit after zakat attributable to shareholders was SAR 3,415 thousand, with the same number of shares, 40,000 thousand shares, as of 30-06-2025. • The total shareholders’ equity amounted to SAR 495,165 thousand compared to SAR 478,678 thousand for the last year with an increase of 3.4%. • The total retained earnings at the end of the current quarter are SAR 20,740 thousand, compared to SAR 4,253 thousand for the last year.