Ras Al Khaimah National Insurance Company (RAK Insurance) reported a net profit after tax of AED 16.7 million for the first quarter of 2026, a 52.1% increase compared to AED 10.98 million in the same period of 2025.
Insurance revenue grew 8.8% year-over-year to AED 139.2 million, while the insurance service result significantly improved to AED 22.27 million from AED 11.05 million in the prior year.
Basic earnings per share (EPS) rose to AED 0.14 from AED 0.09, driven by stronger underwriting performance and a 36% increase in investment income to AED 6.