Al-Etihad Insurance incurs SAR 244.4M loss in 2025; Q4 at SAR 135.3M

16/03/2026 Argaam Exclusive

View other reports

Al-Etihad Cooperative Insurance Co. reported a loss of SAR 244.4 million for 2025, compared to a profit of SAR 49.1 million during the same period in 2024.

Financials (M)

Item	2024	2025	Change‬
Gross Written Premium (GWP)	1,316.81	1,205.50	(8.5 %)
Insurance Revenues	1,489.65	1,254.55	(15.8 %)
Net Income	49.13	(244.44)	(597.5 %)
Average Shares	50.00	50.00	-
Earnings Per Share before unusual items (Riyals)	1.68	(4.89)	(391.6 %)
EPS (Riyal)	0.98	(4.89)	(597.5 %)

Earnings came under pressure due to a 16% year-on-year (YoY) decrease in insurance revenues, driven by lower earned insurance premiums.

Additionally, the company recorded a loss in insurance service results for 2025 compared to a profit in the previous year, along with an increase in net reinsurance expenses.

Al-Etihad Insurance registered losses of SAR 135.3 million in Q4 2025, compared to losses of SAR 6.8 million in Q4 2024.

Net losses widened by 303.3% from SAR 33.55 million in Q3 2025.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2024	Q4 2025	Change‬
Gross Written Premium (GWP)	304.08	301.14	(1.0 %)
Insurance Revenues	325.55	323.35	(0.7 %)
Net Income	(6.78)	(135.29)	(1,894.8 %)
Average Shares	50.00	50.00	-
Earnings Per Share before unusual items (Riyal)	(0.13)	(2.71)	(1,917.4 %)
EPS (Riyal)	(0.14)	(2.71)	(1,894.8 %)

Item	Q3 2025	Q4 2025	Change‬
Gross Written Premium (GWP)	296.43	301.14	1.6 %
Insurance Revenues	325.66	323.35	(0.7 %)
Net Income	(33.55)	(135.29)	(303.3 %)
Average Shares	50.00	50.00	-
Earnings Per Share before unusual items (Riyal)	(0.67)	(2.71)	(303.3 %)
EPS (Riyal)	(0.67)	(2.71)	(303.3 %)

Insurance Operations

Item	2024	2025	Change‬
Gross Written Premium (GWP)	1,316.81	1,205.50	(8.5 %)
Insurance Revenues	1,489.65	1,254.55	(15.8 %)
Insurance Services Income	44.98	(261.58)	(681.5 %)
Investment Income	33.22	33.20	(0.1 %)
Net Profit of Insurance Services and Investment	69.78	(228.30)	(427.2 %)

Total shareholders’ equity, with no minority interest, decreased to SAR 449.58 million as of Dec. 31, 2025, from SAR 711.65 million a year earlier.

View more financial results

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

×