Al Wathba National Insurance Co. Management Report for the Period Ended December 31,2025 | premargin
Al Wathba National Insurance Co. Management Report for the Period Ended December 31,2025
·ADX·Financial Reports | Management Report·March 18, 2026·View on exchange
AI Summary
Al Wathba National Insurance Company reported a net profit before tax of AED 100.8 million for the fiscal year 2025, compared to AED 39.1 million in 2024.
Insurance revenue more than doubled to reach AED 781 million, up from AED 376 million recorded in the previous year.
The core insurance operations achieved a net service result profit of AED 24 million, a significant turnaround from the AED 24 million loss reported in 2024.
Management attributed the performance to improved underwriting discipline, enhanced risk selection, and positive investment performance.