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DUBAI/GULF TIME
Union Insurance Company, one of the leading providers of innovative customer-focused insurance solutions to individuals and organisations in the UAE, today announced its financial results for the six months ended 30 June 2026, delivering a strong performance driven by robust premium growth, improved underwriting performance and continued investment income.
Key H1 2026 Financial Highlights:
- 15% increase in Net Insurance Result to AED 18.8 million, compared to AED 16.3 million in H1 2025.
- 14% increase in Net Profit after tax to AED 25.9 million, compared to AED 22.8 million in H1 2025.
- 11% increase in Insurance Revenue to AED 333.3 million, compared to AED 299.8 million in H1 2025.
- 6% increase in Investment Result to AED 14.6 million, compared to AED 13.8 million in H1 2025.
- Strong solvency position of 161%.
The strong H1 performance reflects Union’s focus on profitable growth, operational excellence, and maintaining a balanced approach to business expansion and financial performance while delivering sustainable value to its stakeholders.