Sukoon Insurance announced strong financial results for the first quarter of 2026, showing growth across key financial indicators. The company reported a 19% year-on-year increase in Gross Written Premiums to AED 2.3 billion, a 28% rise in insurance service results to AED 115.1 million, and a 9% increase in investment income to AED 80.5 million. Profit before tax rose by 24% to AED 141.7 million. Sukoon's total equity increased by 11% to AED 3.34 billion, and it maintains a strong solvency ratio of approximately 265% as of December 31, 2025. The company holds an A rating from Standard & Poor’s and an A2 rating from Moody’s. Interim CEO and CFO Hammad Khan highlighted the company's consistent performance and focus on customer needs, digital capability, and product offerings. Sukoon aims to continue building on its progress and reinforce its position as a reliable insurance provider in the UAE.

The document is a review report and condensed consolidated interim financial information for Sukoon Insurance P.J.S.C. and its subsidiaries, covering the three-month period ending on March 31, 2026.

On April 29, 2026, a Board of Directors meeting for Sukoon Insurance PJSC was held at the company's head office in Dubai and via Teams video conferencing. During the meeting, the board approved several items: the appointment of the external actuary "Badri" for Q2-Q4 2026 and Q1 2027, the Compliance Manual and Policies, the practice of phone marketing, and the financial statements for Q1 2026. Other general business matters were also discussed. The notice was sent by Rana Attieh, Corporate Governance Manager and Group Board Secretary, with a copy to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125 and regulated by the Central Bank of the UAE since December 24, 1984, has announced a resolution passed by its Board of Directors on March 30, 2026. The resolution approved the Annual Underwriting Performance Report as of December 31, 2025, and the Company's Year-End Action Plan based on the actuary's recommendations. This information was communicated to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Sukoon Insurance PJSC has issued a notification to Mr. Hamed Ahmad Ali, the Executive Chief Officer of the Dubai Financial Market, regarding an upcoming resolution by circulation from the company's Board of Directors. This resolution is scheduled for March 30, 2026, at 10:00 AM, and will address the approval of the Annual Underwriting Performance Report as of December 31, 2025, along with the company's year-end action plan based on the actuary's recommendations. The notification is also copied to H.E. Waleed Saeed Al Awadhi, the CEO of the Capital Market Authority in Abu Dhabi, UAE.

Sukoon Insurance PJSC held its Annual General Assembly Meeting on March 2, 2026, virtually. The shareholders approved the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2025, as well as the auditor's report, balance sheet, and profit and loss account for the same period. They also agreed to distribute 25% of the share capital as cash dividends, amounting to AED 115,468,031.25, and approved a remuneration of AED 2,250,000 for the Board Members for 2025. The Board members and auditors were discharged of liability for the fiscal year ending December 31, 2025. Additionally, Deloitte was appointed as the external auditor for 2026 with a fee of AED 1,663,200. The meeting was communicated to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, with a copy sent to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. On February 19, 2026, the company's Board of Directors passed a resolution by circulation. They approved the corporate governance annual report for the fiscal year 2025 and recommended to the General Assembly the re-appointment of external auditors for the financial year 2026, including determining their remuneration and rotating the audit partner. The communication was addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, and a copy was sent to H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority.

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. The company plans to pass a resolution by circulation on February 19, 2026, at 10:00 am. The agenda includes reviewing and approving the corporate governance annual report for the fiscal year 2025, and recommending to the General Assembly the re-appointment of external auditors for the financial year 2026, determining their remuneration, and rotating the partner. The notification is addressed to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, with a copy to H.E. Waleed Saeed Al Awadhi, Chief Executive Officer of the Securities and Commodities Authority in Abu Dhabi, UAE.

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125, is regulated by the Central Bank of the UAE. The company's Board of Directors invites shareholders to attend the Annual General Assembly Meeting on March 2, 2026, at 11:00 AM. The meeting will take place at the company's head office in Deira, Dubai, and can also be attended virtually via www.smartagm.ae, which allows for instant visual and electronic voting. The invitation is extended by Rana Attieh, the Board Secretary, and is also addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Sukoon Insurance PJSC has invited its shareholders to attend the Annual General Assembly Meeting on March 2, 2026, at 11:00 AM. The meeting will be held at the company's head office in Dubai and can also be attended virtually via www.smartagm.ae, which allows for instant visual and electronic voting. The invitation was issued by Rana Attieh, the Board Secretary, and a copy was sent to H.E. Waleed Saeed Al Awadhi, CEO of the Capital Market Authority in Abu Dhabi.

Sukoon Insurance announced its financial results for 2025, marking its strongest performance in history during its 50th anniversary year. The company reported significant growth in all key financial areas, supported by favorable economic conditions and effective risk management. Gross Written Premiums exceeded AED 7 billion, a 19% increase from the previous year, while insurance service results rose by 12% to AED 261 million. Investment income grew by 43% to AED 298 million, leading to a 47% increase in profit before tax, reaching AED 428 million. The performance was further enhanced by Sukoon Takaful, the company's subsidiary, which continued to deliver strong profitability. Interim CEO and CFO Hammad Khan highlighted the company's focus on profitable growth and strong underwriting discipline. Looking forward, Sukoon plans to focus on enhancing family-oriented solutions and integrating digital innovations, particularly AI, to improve customer interactions. The company aims to maintain its reputation as a trusted and financially secure insurer in the UAE.