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
Operating Summary
Revenue	321.01M	267.26M	266.68M	306.20M	397.12M
Operating Expenses	272.20M	239.42M	269.16M	303.69M	383.90M
Pretax Income	48.81M	42.06M	-2.48M	2.51M	13.22M
Income Tax	2.83M	3.75M	—	—	—
Net Income	45.98M	38.31M	-2.48M	2.51M	13.22M
Premium Revenue	300.53M	252.70M	247.30M	304.16M	299.67M
Policy Benefits	232.66M	163.76M	184.08M	203.46M	151.88M
Policy Cost	49.71M	49.04M	58.76M	81.91M	91.06M
EPS (Basic)	0.20	0.17	-0.01	0.01	0.06
EPS (Diluted)	0.20	0.17	-0.01	0.01	0.06
DPS	0.04	—	—	—	—
Margins & Efficiency
Net Margin %	+14.3%	+14.3%	-0.9%	+0.8%	+3.3%
Revenue & Income
Revenue Growth (YoY)	+20.1%	+0.2%	-12.9%	-22.9%	-1.0%
Revenue Insurance	321.01M	267.26M	266.68M	306.20M	397.12M
Premiums Annuity Rev	300.53M	252.70M	247.30M	304.16M	299.67M
Other Revenue Insurance	—	—	—	—	92.01M
Gain (Loss) on Sale of Assets	—	14.22M	—	—	—
Gain Investment Rev Insurance	5.54M	0.72M	1.25M	-2.12M	1.94M
Expenses & Provisions
SG&A Insurance	2.16M	1.65M	—	—	93.88M
Other Opex Insurance	-12.33M	24.98M	26.32M	18.32M	37.01M
Total Opex Insurance	272.20M	239.42M	269.16M	303.69M	383.90M
Policy Benefits	232.66M	163.76M	184.08M	203.46M	151.88M
Policy Cost	49.71M	49.04M	58.76M	81.91M	91.06M
Provision for Bad Debts	—	—	—	—	10.06M
D&A For EBITDA	2.03M	2.25M	5.13M	5.37M	4.98M
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Profitability & Returns
EBIT	48.81M	27.84M	-2.48M	2.51M	13.22M
EBIT Margin	+15.2%	+10.4%	-0.9%	+0.8%	+3.3%
EBITDA	50.84M	30.09M	2.65M	7.88M	18.20M
EBITDA Margin	+15.8%	+11.3%	+1.0%	+2.6%	+4.6%
EBT Excluding Unusual Items	48.81M	27.84M	-2.48M	2.51M	13.22M
Pretax Income	48.81M	42.06M	-2.48M	2.51M	13.22M
Opinc Insurance	48.81M	27.84M	-2.48M	2.51M	13.22M
Operating Margin	+15.2%	+10.4%	-0.9%	+0.8%	+3.3%
Profit Margin	+14.3%	+14.3%	-0.9%	+0.8%	+3.3%
Net Income	45.98M	38.31M	-2.48M	2.51M	13.22M
Net Income to Common	45.98M	38.31M	-2.48M	2.51M	13.22M
Net Income Growth	+20.0%	—	—	-81.0%	—
Income Tax Expense	2.83M	3.75M	—	—	—
Effective Tax Rate	+5.8%	+8.9%	—	—	—
Per Share & Capital
EPS (Basic)	0.20	0.17	-0.01	0.01	0.06
EPS (Diluted)	0.20	0.17	-0.01	0.01	0.06
EPS Growth	+20.0%	—	—	-81.0%	—
Dividend Per Share	0.04	—	—	—	—
Shares Change (YoY)	—	0	—	—	—
Shares Outstanding (Basic)	230.00M	230.00M	230.00M	230.00M	230.00M
Shares Outstanding (Diluted)	230.00M	230.00M	230.00M	230.00M	230.00M
Free Cash Flow	30.31M	-25.82M	38.97M	1.37M	-6.33M
Free Cash Flow Margin	+9.4%	-9.7%	+14.6%	+0.4%	-1.6%
Free Cash Flow Per Share	0.13	-0.11	0.17	0.01	-0.03
Supplemental
Total Interest Dividend Income	14.94M	13.84M	18.13M	4.16M	3.49M

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
Operating Summary
Revenue	321.01M	267.26M	266.68M	306.20M	397.12M
Operating Expenses	272.20M	239.42M	269.16M	303.69M	383.90M
Pretax Income	48.81M	42.06M	-2.48M	2.51M	13.22M
Income Tax	2.83M	3.75M	—	—	—
Net Income	45.98M	38.31M	-2.48M	2.51M	13.22M
Premium Revenue	300.53M	252.70M	247.30M	304.16M	299.67M
Policy Benefits	232.66M	163.76M	184.08M	203.46M	151.88M
Policy Cost	49.71M	49.04M	58.76M	81.91M	91.06M
EPS (Basic)	0.20	0.17	-0.01	0.01	0.06
EPS (Diluted)	0.20	0.17	-0.01	0.01	0.06
DPS	0.04	—	—	—	—
Margins & Efficiency
Net Margin %	+14.3%	+14.3%	-0.9%	+0.8%	+3.3%
Revenue & Income
Revenue Growth (YoY)	+20.1%	+0.2%	-12.9%	-22.9%	-1.0%
Revenue Insurance	321.01M	267.26M	266.68M	306.20M	397.12M
Premiums Annuity Rev	300.53M	252.70M	247.30M	304.16M	299.67M
Other Revenue Insurance	—	—	—	—	92.01M
Gain (Loss) on Sale of Assets	—	14.22M	—	—	—
Gain Investment Rev Insurance	5.54M	0.72M	1.25M	-2.12M	1.94M
Expenses & Provisions
SG&A Insurance	2.16M	1.65M	—	—	93.88M
Other Opex Insurance	-12.33M	24.98M	26.32M	18.32M	37.01M
Total Opex Insurance	272.20M	239.42M	269.16M	303.69M	383.90M
Policy Benefits	232.66M	163.76M	184.08M	203.46M	151.88M
Policy Cost	49.71M	49.04M	58.76M	81.91M	91.06M
Provision for Bad Debts	—	—	—	—	10.06M
D&A For EBITDA	2.03M	2.25M	5.13M	5.37M	4.98M
Deferred Policy Acquisition Cost	—	—	—	—	19.06M
Profitability & Returns
EBIT	48.81M	27.84M	-2.48M	2.51M	13.22M
EBIT Margin	+15.2%	+10.4%	-0.9%	+0.8%	+3.3%
EBITDA	50.84M	30.09M	2.65M	7.88M	18.20M
EBITDA Margin	+15.8%	+11.3%	+1.0%	+2.6%	+4.6%
EBT Excluding Unusual Items	48.81M	27.84M	-2.48M	2.51M	13.22M
Pretax Income	48.81M	42.06M	-2.48M	2.51M	13.22M
Opinc Insurance	48.81M	27.84M	-2.48M	2.51M	13.22M
Operating Margin	+15.2%	+10.4%	-0.9%	+0.8%	+3.3%
Profit Margin	+14.3%	+14.3%	-0.9%	+0.8%	+3.3%
Net Income	45.98M	38.31M	-2.48M	2.51M	13.22M
Net Income to Common	45.98M	38.31M	-2.48M	2.51M	13.22M
Net Income Growth	+20.0%	—	—	-81.0%	—
Income Tax Expense	2.83M	3.75M	—	—	—
Effective Tax Rate	+5.8%	+8.9%	—	—	—
Per Share & Capital
EPS (Basic)	0.20	0.17	-0.01	0.01	0.06
EPS (Diluted)	0.20	0.17	-0.01	0.01	0.06
EPS Growth	+20.0%	—	—	-81.0%	—
Dividend Per Share	0.04	—	—	—	—
Shares Change (YoY)	—	0	—	—	—
Shares Outstanding (Basic)	230.00M	230.00M	230.00M	230.00M	230.00M
Shares Outstanding (Diluted)	230.00M	230.00M	230.00M	230.00M	230.00M
Free Cash Flow	30.31M	-25.82M	38.97M	1.37M	-6.33M
Free Cash Flow Margin	+9.4%	-9.7%	+14.6%	+0.4%	-1.6%
Free Cash Flow Per Share	0.13	-0.11	0.17	0.01	-0.03
Supplemental
Total Interest Dividend Income	14.94M	13.84M	18.13M	4.16M	3.49M