Sukoon Insurance Sees 39% Profit Increase in First Half of 2026

Jul 30, 2026

40 min

Jul 30, 2026 05:30

Sukoon profit jumps 39% after premiums hit Dh3.8 billion

## Strong Financial Performance

Sukoon Insurance has reported a significant 39% rise in profit before tax for the first half of 2026, reaching Dh302.8 million. This growth is attributed to enhanced underwriting performance and consistent investment returns.

## Premiums and Investment Income

The company saw a 12% increase in gross written premiums, totaling Dh3.8 billion. Additionally, insurance service results surged by 68% to Dh241 million, while investment income rose by 11% to Dh160.2 million.

## Solvency and Equity

Sukoon's solvency ratio stood at an impressive 260%, well above the required 100%. Total equity also grew by 5% since the beginning of the year, amounting to Dh3.53 billion.

## Future Focus

Sukoon remains committed to enhancing customer experience and expanding digital capabilities to meet the evolving needs of its clients across the UAE.

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