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Union Insurance

Union Insurance Reports Robust Results for the First Half of 2026

(Dubai, UAE- August 6, 2026) - 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.


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About Union Insurance Company


Established in 1998 and listed on the Abu Dhabi Securities Exchange, Union Insurance Company is regulated by the UAE Central Bank and has a paid-up capital of AED 250 million. The company provides a wide range of individual and commercial insurance products to clients in the UAE.


For further information, please contact Riham Osama or Afra Alsuwaidi at:
+97143787777 or email:
riham.o@unioninsurance.ae or afra.o@unioninsurance.ae

 

phone +971 4 3787 777
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