Al Buhaira National Insurance Company Integrated Report December 31,2025

Al Buhaira National Insurance (ABNIC) returned to profitability in 2025 with a net profit of AED 5.67 million, a significant turnaround from a restated net loss of AED 34.36 million in 2024.
Insurance revenue rose 13.7% year-over-year to AED 1.65 billion, while the insurance service result shifted to a profit of AED 31.4 million from a restated loss of AED 46.5 million in the previous year.
External auditor KPMG issued a qualified opinion due to an ongoing forensic investigation into "certain irregular transactions," the financial impact of which on revenue and contract liabilities has not yet been determined.
The company reported a Solvency Capital Requirement (SCR) deficit of AED 16.8 million as of year-end 2025, though management stated it has received a no-objection letter from the Central Bank regarding its recovery plan.