Financial Results : GIG net profit up 29% at SAR 126.2M in 2025; Q4 at SAR 30.5M

GIG net profit up 29% at SAR 126.2M in 2025; Q4 at SAR 30.5M

26/02/2026 Argaam Exclusive

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Gulf Insurance Group (GIG) reported a net profit of SAR 126.2 million in 2025, an increase of 29% compared to SAR 98.2 million a year earlier.



Financials (M)

Item 2024 2025 Change‬
Insurance Revenues 1,463.52 1,503.76 2.7 %
Net Income 98.20 126.19 28.5 %
Average Shares 52.50 52.50 -
Earnings Per Share before unusual items (Riyals) 1.87 2.40 28.5 %
EPS (Riyal) 1.87 2.40 28.5 %

Revenues increased by 3% year-on-year due to business growth in the vehicle, property and accident segments.

 

This was backed by net insurance results increasing by 13% on improved health insurance activities and higher surplus from insurance pool. The Saudi insurer also cited 4% growth in investment income, due to higher unrealised gains from market share adjustment.



Current Quarter Comparison (M)

Compared With The
Item Q4 2024 Q4 2025 Change‬
Insurance Revenues 362.47 395.04 9.0 %
Net Income 44.14 30.52 (30.9 %)
Average Shares 52.50 52.50 -
Earnings Per Share before unusual items (Riyal) 0.84 0.58 (30.9 %)
EPS (Riyal) 0.84 0.58 (30.9 %)

Q4 2025 profit declined 31% to SAR 30.5 million, compared to SAR 44.14 million in the prior-year period.

On a sequential basis, net profit dropped by 11.4% from SAR 34.43 million in Q3 2025.

Total shareholders’ equity (no minority interest) amounted to SAR 1.2 billion as of Dec. 31, 2025, compared to SAR 1.08 billion in a year earlier period.

Insurance Operations

Item 2024 2025 Change‬
Insurance Revenues 1,463.52 1,503.76 2.7 %
Insurance Services Income 110.74 124.97 12.8 %
Investment Income 92.35 96.33 4.3 %
Net Profit of Insurance Services and Investment 172.51 201.35 16.7 %

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