Press Releases

Total comprehensive profit increased 183% to AED 7.89 million in H1 2026, from AED 2.79 million in H1 2025

Abu Dhabi, UAE, 7 August 2026:

Insurance House PJSC reported a total comprehensive profit of AED 7.89 million for the six months ended 30 June 2026, an increase of circa 183% from AED 2.79 million in the corresponding period of the previous year.

Insurance revenue grew circa 56% to AED 278.57 million in H1 2026, compared to AED 178.65 million in H1 2025. The insurance service result increased to a profit of AED 6.75 million, compared to a profit of AED 1.55 million in the corresponding period of the previous year.

Gross written premiums recorded healthy growth compared to the corresponding period of the previous year, driven by the Company’s continued focus on profitable business acquisition, customer retention and strengthening relationships with its distribution partners. Careful portfolio selection, disciplined risk assessment, proactive claims management and effective cost management supported healthy underwriting margins and overall profitability.

Investment income increased to AED 2.22 million in H1 2026, compared to AED 1.27 million in the corresponding period of the previous year. The Company’s prudent and diversified investment strategy continued to prioritise capital preservation, liquidity and long-term value creation.

The Company maintained a rock-solid liquidity position as at 30 June 2026, with cash and cash equivalents accounting for circa 38% of its total assets.

Mohammed Abdulla Alqubaisi, Chairman of Insurance House PJSC, said: “The UAE economy continues to demonstrate remarkable resilience, supported by prudent government policies, sustained investment and a positive business environment. The Company delivered another solid set of financial results during the first half of 2026. Our performance reflects continued business growth, sound underwriting practices and prudent financial management, resulting in sustained profitability while preserving the strength of our balance sheet. We remain committed to underwriting quality risks rather than pursuing growth at the expense of profitability. The Board remains confident in the Company’s long-term strategy and its ability to deliver consistent value to shareholders while meeting the evolving needs of our customers and business partners.

During the period, Insurance House continued to invest in digital technologies, process automation and customer service initiatives to improve operational efficiency, enhance customer experience and strengthen its competitive positioning.”

The company remains well positioned to build on the strong foundation established during the first half of 2026 and continue creating enduring value for all our stakeholders.

About Insurance House PJSC
Insurance House is a Public Joint Stock Company (PJSC) based in Abu Dhabi, with a paid-up capital of AED 113,436,215. The company offers comprehensive and innovative insurance products, adhering to international standards while meeting local regulatory requirements. Its portfolio spans conventional and specialized insurance solutions, tailored to cater to diverse customer needs. Insurance House is listed on the Abu Dhabi Securities Exchange (ADX) under the ticker symbol “IH”.