Sukoon Insurance reported a 24% year-on-year increase in profit before tax to AED 141.7 million for the first quarter of 2026.
Gross Written Premium (GWP) grew 19% year-on-year to reach AED 2.3 billion, driven by core business lines and disciplined underwriting.
Insurance service results rose 28% to AED 115.1 million, and investment income reached AED 80.5 million, a 9% increase over the previous year.
Total equity increased by 11% year-on-year to AED 3.34 billion, supported by a solvency ratio of approximately 265% and investment-grade ratings from S&P (A) and Moody’s (A2).