Ras Alkhaima National Insurance Co. Financial Results for the Period Ended March 31,2026 | premargin
Ras Alkhaima National Insurance Co. Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·April 23, 2026·View on exchange
AI Summary
Ras Al Khaimah National Insurance Company (RAK Insurance) reported a net profit after tax of AED 16.7 million for the first quarter ended March 31, 2026, a significant increase from AED 10.98 million in the same period of 2025.
Insurance revenue rose to AED 139.2 million compared to AED 127.9 million year-over-year, while basic earnings per share increased to AED 0.14 from AED 0.09.
Shareholders approved the recommendation to not pay a dividend for the 2025 fiscal year during the Annual General Meeting held on April 2, 2026.
Total equity grew to AED 230.8 million from AED 226.6 million at year-end 2025, supported by total assets of AED 861.9 million as of March 31, 2026.
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