Union Insurance

Union Insurance Company

UNIONStocksAbu 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	30.85M	13.92M	38.29M	205.67M	91.88M
Total Assets	1.33B	1.51B	1.46B	1.51B	2.00B
Reinsurance Recoverable	390.09M	612.33M	524.83M	627.41M	877.53M
Liabilities
Total Liabilities	1.04B	1.27B	1.25B	1.30B	1.76B
Insurance Liabilities	615.34M	818.81M	763.77M	849.45M	279.06M
Unearned Premiums	—	—	—	—	282.69M
Unpaid Claims	—	—	—	14.33M	693.86M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Total Equity	289.31M	243.34M	205.03M	207.51M	235.49M
Shares Outstanding	250,000,000	249,999,370	249,999,370	249,999,370	249,999,370
Cash & Assets
Total Assets	1.33B	1.51B	1.46B	1.51B	2.00B
Cash & Equivalents	30.85M	13.92M	38.29M	205.67M	91.88M
Net Cash (Debt)	27.68M	13.20M	34.47M	198.81M	91.85M
Net Cash Per Share	0.11	0.05	0.14	0.80	0.37
Net Cash Growth	+109.8%	-61.7%	-82.7%	+116.5%	+4,708.8%
Other Receivables Insurance	48.66M	50.31M	37.70M	78.17M	284.67M
Restricted Cash	10.00M	10.00M	10.00M	10.00M	10.00M
Construction In Progress	—	—	0.18M	0.61M	3.12M
Land	—	—	61.07M	61.07M	61.07M
Machinery	—	—	27.16M	31.00M	30.46M
Property, Plant & Equipment	6.63M	4.80M	68.06M	73.79M	71.08M
Other Intangibles Insurance	1.39M	2.57M	3.14M	8.72M	14.57M
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Other Current Assets Insurance	6.30M	4.85M	5.26M	6.44M	6.46M
Other Long Term Assets Insurance	45.00M	45.00M	45.00M	45.00M	46.40M
Separate Account Assets	341.26M	359.18M	403.16M	349.61M	368.89M
Long-Term Leases	1.53M	—	0.73M	3.82M	—
Current Portion of Leases	1.64M	0.72M	3.09M	3.03M	0.03M
Loans & Investments
Investment Equity Preferred	27.00K	29.00K	24.00K	27.00K	17.00K
Other Investments	394.05M	363.99M	249.57M	23.89M	159.57M
Reinsurance Recoverable	390.09M	612.33M	524.83M	627.41M	877.53M
Total Investments	451.42M	411.08M	321.86M	100.67M	207.45M
Liabilities & Obligations
Total Liabilities & Equity	1.33B	1.51B	1.46B	1.51B	2.00B
Accounts Payable Insurance	—	—	—	—	76.04M
Accrued Expenses	8.49M	15.95M	16.41M	—	47.07M
Current Income Taxes Payable	4.36M	3.75M	—	—	—
Other Current Liabilities Insurance	—	—	—	—	2.00M
Other Long Term Liabilities Insurance	94.23M	93.16M	82.97M	57.33M	—
Reinsurance Payable	1.79M	1.56M	1.07M	24.79M	—
Separate Account Liability	306.18M	324.61M	370.28M	330.80M	368.89M
Unearned Premiums	—	—	—	—	282.69M
Unpaid Claims	—	—	—	14.33M	693.86M
Insurance Annuity Liabilities	615.34M	818.81M	763.77M	849.45M	279.06M
Debt & Funding
Total Debt	3.17M	0.72M	3.82M	6.86M	0.03M
Equity & Book Value
Shareholders' Equity	289.31M	243.34M	205.03M	207.51M	235.49M
Common Stock	230.00M	330.94M	330.94M	330.94M	330.94M
Retained Earnings	59.15M	-87.77M	-126.08M	-123.60M	-95.61M
Comprehensive Income & Other	166.00K	168.00K	163.00K	166.00K	156.00K
Book Value Per Share	1.16	0.97	0.82	0.83	0.94
Tangible Book Value	287.92M	240.76M	201.89M	198.79M	220.91M
Tangible Book Value Per Share	1.15	0.96	0.81	0.80	0.88
Filing Date Shares Outstanding	250.00M	250.00M	250.00M	250.00M	250.00M
Total Common Shares Outstanding	250.00M	250.00M	250.00M	250.00M	250.00M
Supplemental
Total Liabilities Insurance	1.04B	1.27B	1.25B	1.30B	1.76B

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	30.85M	13.92M	38.29M	205.67M	91.88M
Total Assets	1.33B	1.51B	1.46B	1.51B	2.00B
Reinsurance Recoverable	390.09M	612.33M	524.83M	627.41M	877.53M
Liabilities
Total Liabilities	1.04B	1.27B	1.25B	1.30B	1.76B
Insurance Liabilities	615.34M	818.81M	763.77M	849.45M	279.06M
Unearned Premiums	—	—	—	—	282.69M
Unpaid Claims	—	—	—	14.33M	693.86M
Equity & Ownership
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Total Equity	289.31M	243.34M	205.03M	207.51M	235.49M
Shares Outstanding	250,000,000	249,999,370	249,999,370	249,999,370	249,999,370
Cash & Assets
Total Assets	1.33B	1.51B	1.46B	1.51B	2.00B
Cash & Equivalents	30.85M	13.92M	38.29M	205.67M	91.88M
Net Cash (Debt)	27.68M	13.20M	34.47M	198.81M	91.85M
Net Cash Per Share	0.11	0.05	0.14	0.80	0.37
Net Cash Growth	+109.8%	-61.7%	-82.7%	+116.5%	+4,708.8%
Other Receivables Insurance	48.66M	50.31M	37.70M	78.17M	284.67M
Restricted Cash	10.00M	10.00M	10.00M	10.00M	10.00M
Construction In Progress	—	—	0.18M	0.61M	3.12M
Land	—	—	61.07M	61.07M	61.07M
Machinery	—	—	27.16M	31.00M	30.46M
Property, Plant & Equipment	6.63M	4.80M	68.06M	73.79M	71.08M
Other Intangibles Insurance	1.39M	2.57M	3.14M	8.72M	14.57M
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Other Current Assets Insurance	6.30M	4.85M	5.26M	6.44M	6.46M
Other Long Term Assets Insurance	45.00M	45.00M	45.00M	45.00M	46.40M
Separate Account Assets	341.26M	359.18M	403.16M	349.61M	368.89M
Long-Term Leases	1.53M	—	0.73M	3.82M	—
Current Portion of Leases	1.64M	0.72M	3.09M	3.03M	0.03M
Loans & Investments
Investment Equity Preferred	27.00K	29.00K	24.00K	27.00K	17.00K
Other Investments	394.05M	363.99M	249.57M	23.89M	159.57M
Reinsurance Recoverable	390.09M	612.33M	524.83M	627.41M	877.53M
Total Investments	451.42M	411.08M	321.86M	100.67M	207.45M
Liabilities & Obligations
Total Liabilities & Equity	1.33B	1.51B	1.46B	1.51B	2.00B
Accounts Payable Insurance	—	—	—	—	76.04M
Accrued Expenses	8.49M	15.95M	16.41M	—	47.07M
Current Income Taxes Payable	4.36M	3.75M	—	—	—
Other Current Liabilities Insurance	—	—	—	—	2.00M
Other Long Term Liabilities Insurance	94.23M	93.16M	82.97M	57.33M	—
Reinsurance Payable	1.79M	1.56M	1.07M	24.79M	—
Separate Account Liability	306.18M	324.61M	370.28M	330.80M	368.89M
Unearned Premiums	—	—	—	—	282.69M
Unpaid Claims	—	—	—	14.33M	693.86M
Insurance Annuity Liabilities	615.34M	818.81M	763.77M	849.45M	279.06M
Debt & Funding
Total Debt	3.17M	0.72M	3.82M	6.86M	0.03M
Equity & Book Value
Shareholders' Equity	289.31M	243.34M	205.03M	207.51M	235.49M
Common Stock	230.00M	330.94M	330.94M	330.94M	330.94M
Retained Earnings	59.15M	-87.77M	-126.08M	-123.60M	-95.61M
Comprehensive Income & Other	166.00K	168.00K	163.00K	166.00K	156.00K
Book Value Per Share	1.16	0.97	0.82	0.83	0.94
Tangible Book Value	287.92M	240.76M	201.89M	198.79M	220.91M
Tangible Book Value Per Share	1.15	0.96	0.81	0.80	0.88
Filing Date Shares Outstanding	250.00M	250.00M	250.00M	250.00M	250.00M
Total Common Shares Outstanding	250.00M	250.00M	250.00M	250.00M	250.00M
Supplemental
Total Liabilities Insurance	1.04B	1.27B	1.25B	1.30B	1.76B