Al Wathba National Insurance Co. Management Discussion and Analysis Report for the Period Ended December 31,2025 | premargin
Al Wathba National Insurance Co. Management Discussion and Analysis Report for the Period Ended December 31,2025
·ADX·Financial Reports | Management Discussion and Analysis Report·March 18, 2026·View on exchange
AI Summary
Al Wathba National Insurance Company reported a net profit after tax of AED 94.27 million for the 2025 fiscal year, a significant increase from AED 36.79 million in 2024.
Insurance revenue surged 107% to AED 781 million compared to AED 376 million in the previous year, while the insurance service result moved from a loss to a profit of AED 24.02 million.
Total assets as of December 31, 2025, reached AED 2.04 billion, with total shareholders' equity reported at AED 1.23 billion and net investment income of AED 138.23 million.
Operational highlights included the deployment of AI chatbots that now handle 90% of general inquiries and the maintenance of a 94% customer satisfaction (CSAT) score for the call center.