Ras Alkhaima National Insurance

Ras Alkhaima National Insurance Co.

RAKNICStocksAbu Dhabi Securities ExchangeInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	11.45M	117.51M	28.51M	9.63M	57.39M
Total Assets	851.76M	774.08M	603.43M	558.47M	796.80M
Investment Securities	316.02M	218.48M	131.35M	106.42M	42.26M
Reinsurance Recoverable	319.09M	231.58M	176.31M	146.86M	249.56M
Liabilities
Total Liabilities	625.13M	597.20M	443.88M	417.99M	594.14M
Insurance Liabilities	572.63M	479.59M	364.67M	329.88M	32.69M
Unearned Premiums	—	—	—	—	205.11M
Unpaid Claims	—	—	—	—	193.32M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	23.23M
Total Equity	226.64M	176.88M	159.55M	140.48M	202.66M
Shares Outstanding	121,275,000	121,275,000	121,275,000	121,275,000	121,275,000
Cash & Assets
Total Assets	851.76M	774.08M	603.43M	558.47M	796.80M
Cash & Equivalents	11.45M	117.51M	28.51M	9.63M	57.39M
Net Cash (Debt)	11.45M	42.60M	-30.88M	-40.37M	24.34M
Net Cash Per Share	0.09	0.35	-0.25	-0.33	0.20
Net Cash Growth	-73.1%	—	—	—	-18.0%
Other Receivables Insurance	9.74M	6.01M	1.76M	3.31M	136.02M
Restricted Cash	10.00M	10.00M	10.00M	10.00M	10.00M
Machinery	4.36M	8.93M	9.42M	10.30M	10.89M
Property, Plant & Equipment	1.04M	0.76M	0.48M	1.27M	1.94M
Other Intangibles Insurance	—	3.74M	4.47M	5.64M	6.62M
Deferred Policy Acquisition Cost	—	—	—	—	23.23M
Other Current Assets Insurance	4.09M	3.60M	2.77M	6.03M	7.12M
Other Long Term Assets Insurance	4.21M	83.72M	62.59M	50.70M	70.14M
Loans & Investments
Investment Debt Securities	316.02M	218.48M	131.35M	106.42M	42.26M
Investment Equity Preferred	16.20M	4.03M	3.84M	1.99M	0.73M
Other Investments	159.93M	94.66M	181.36M	216.61M	191.79M
Reinsurance Recoverable	319.09M	231.58M	176.31M	146.86M	249.56M
Total Investments	492.15M	317.18M	316.55M	325.02M	234.78M
Liabilities & Obligations
Total Liabilities & Equity	851.76M	774.08M	603.43M	558.47M	796.80M
Accounts Payable Insurance	1.03M	0.66M	0.56M	0.37M	—
Accrued Expenses	2.32M	2.00M	6.44M	6.33M	25.31M
Current Income Taxes Payable	4.66M	1.53M	—	—	—
Other Current Liabilities Insurance	0.87M	1.34M	4.11M	3.44M	15.39M
Other Long Term Liabilities Insurance	4.16M	2.33M	0.97M	0.73M	38.88M
Reinsurance Payable	30.93M	27.92M	1.40M	20.98M	42.18M
Unearned Premiums	—	—	—	—	205.11M
Unpaid Claims	—	—	—	—	193.32M
Insurance Annuity Liabilities	572.63M	479.59M	364.67M	329.88M	32.69M
Deffered Tax Liabilities Insurance	693.80K	148.41K	—	—	—
Debt & Funding
Short-Term Debt	—	74.91M	59.38M	50.00M	33.06M
Total Debt	—	74.91M	59.38M	50.00M	33.06M
Equity & Book Value
Shareholders' Equity	226.64M	176.88M	159.55M	140.48M	202.66M
Common Stock	121.28M	121.28M	121.28M	121.28M	121.28M
Retained Earnings	99.77M	57.75M	43.71M	30.36M	80.42M
Comprehensive Income & Other	5.59M	-2.15M	-5.43M	-11.15M	0.96M
Book Value Per Share	1.87	1.46	1.32	1.16	1.67
Tangible Book Value	226.64M	173.14M	155.08M	134.84M	196.04M
Tangible Book Value Per Share	1.87	1.43	1.28	1.11	1.62
Filing Date Shares Outstanding	121.28M	121.28M	121.28M	121.28M	121.28M
Total Common Shares Outstanding	121.28M	121.28M	121.28M	121.28M	121.28M
Supplemental
Total Liabilities Insurance	625.13M	597.20M	443.88M	417.99M	594.14M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	11.45M	117.51M	28.51M	9.63M	57.39M
Total Assets	851.76M	774.08M	603.43M	558.47M	796.80M
Investment Securities	316.02M	218.48M	131.35M	106.42M	42.26M
Reinsurance Recoverable	319.09M	231.58M	176.31M	146.86M	249.56M
Liabilities
Total Liabilities	625.13M	597.20M	443.88M	417.99M	594.14M
Insurance Liabilities	572.63M	479.59M	364.67M	329.88M	32.69M
Unearned Premiums	—	—	—	—	205.11M
Unpaid Claims	—	—	—	—	193.32M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	23.23M
Total Equity	226.64M	176.88M	159.55M	140.48M	202.66M
Shares Outstanding	121,275,000	121,275,000	121,275,000	121,275,000	121,275,000
Cash & Assets
Total Assets	851.76M	774.08M	603.43M	558.47M	796.80M
Cash & Equivalents	11.45M	117.51M	28.51M	9.63M	57.39M
Net Cash (Debt)	11.45M	42.60M	-30.88M	-40.37M	24.34M
Net Cash Per Share	0.09	0.35	-0.25	-0.33	0.20
Net Cash Growth	-73.1%	—	—	—	-18.0%
Other Receivables Insurance	9.74M	6.01M	1.76M	3.31M	136.02M
Restricted Cash	10.00M	10.00M	10.00M	10.00M	10.00M
Machinery	4.36M	8.93M	9.42M	10.30M	10.89M
Property, Plant & Equipment	1.04M	0.76M	0.48M	1.27M	1.94M
Other Intangibles Insurance	—	3.74M	4.47M	5.64M	6.62M
Deferred Policy Acquisition Cost	—	—	—	—	23.23M
Other Current Assets Insurance	4.09M	3.60M	2.77M	6.03M	7.12M
Other Long Term Assets Insurance	4.21M	83.72M	62.59M	50.70M	70.14M
Loans & Investments
Investment Debt Securities	316.02M	218.48M	131.35M	106.42M	42.26M
Investment Equity Preferred	16.20M	4.03M	3.84M	1.99M	0.73M
Other Investments	159.93M	94.66M	181.36M	216.61M	191.79M
Reinsurance Recoverable	319.09M	231.58M	176.31M	146.86M	249.56M
Total Investments	492.15M	317.18M	316.55M	325.02M	234.78M
Liabilities & Obligations
Total Liabilities & Equity	851.76M	774.08M	603.43M	558.47M	796.80M
Accounts Payable Insurance	1.03M	0.66M	0.56M	0.37M	—
Accrued Expenses	2.32M	2.00M	6.44M	6.33M	25.31M
Current Income Taxes Payable	4.66M	1.53M	—	—	—
Other Current Liabilities Insurance	0.87M	1.34M	4.11M	3.44M	15.39M
Other Long Term Liabilities Insurance	4.16M	2.33M	0.97M	0.73M	38.88M
Reinsurance Payable	30.93M	27.92M	1.40M	20.98M	42.18M
Unearned Premiums	—	—	—	—	205.11M
Unpaid Claims	—	—	—	—	193.32M
Insurance Annuity Liabilities	572.63M	479.59M	364.67M	329.88M	32.69M
Deffered Tax Liabilities Insurance	693.80K	148.41K	—	—	—
Debt & Funding
Short-Term Debt	—	74.91M	59.38M	50.00M	33.06M
Total Debt	—	74.91M	59.38M	50.00M	33.06M
Equity & Book Value
Shareholders' Equity	226.64M	176.88M	159.55M	140.48M	202.66M
Common Stock	121.28M	121.28M	121.28M	121.28M	121.28M
Retained Earnings	99.77M	57.75M	43.71M	30.36M	80.42M
Comprehensive Income & Other	5.59M	-2.15M	-5.43M	-11.15M	0.96M
Book Value Per Share	1.87	1.46	1.32	1.16	1.67
Tangible Book Value	226.64M	173.14M	155.08M	134.84M	196.04M
Tangible Book Value Per Share	1.87	1.43	1.28	1.11	1.62
Filing Date Shares Outstanding	121.28M	121.28M	121.28M	121.28M	121.28M
Total Common Shares Outstanding	121.28M	121.28M	121.28M	121.28M	121.28M
Supplemental
Total Liabilities Insurance	625.13M	597.20M	443.88M	417.99M	594.14M