Union Insurance Company Financial Results Press Release for the Period Ended December 31,2025 | premargin
Union Insurance Company Financial Results Press Release for the Period Ended December 31,2025
·ADX·Financial Reports | Financial Press Release·February 16, 2026·View on exchange
AI Summary
Union Insurance reported a 20% year-on-year increase in net profit to AED 45.97 million for the 2025 fiscal year, driven by insurance revenue of AED 614.8 million.
The Board of Directors recommended a 4% cash dividend and the distribution of AED 20 million in bonus shares, which will increase the company’s total capital to AED 250 million.
Net underwriting profit grew by 21% to AED 24.04 million, and the company's solvency ratio improved to 175%.
Fitch Ratings upgraded the company’s Insurer Financial Strength (IFS) Rating to 'BBB+' from 'BBB' with a stable outlook in late 2025.