Financial Results : Bupa Arabia 9M 2025 profit down 8% to SAR 1.03B; Q3 at SAR 364M

Bupa Arabia 9M 2025 profit down 8% to SAR 1.03B; Q3 at SAR 364M

29/10/2025 Argaam Exclusive

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Bupa Arabia for Cooperative Insurance Co. reported a net profit of SAR 1.03 billion for the first nine months of 2025, a decline of 8% from SAR 1.12 million in the year-earlier period.



Financials (M)

Item 9m 2024 9m 2025 Change‬
Gross Written Premium (GWP) 15,047.59 16,673.85 10.8 %
Insurance Revenues 13,488.67 14,169.62 5.0 %
Net Profit Before Zakat & Tax 1,302.32 1,177.77 (9.6 %)
Net Income 1,120.31 1,030.49 (8.0 %)
Average Shares 150.00 150.00 -
Earnings Per Share before unusual items (Riyals) 7.47 6.87 (8.0 %)
EPS (Riyal) 7.47 6.87 (8.0 %)

Insurance service results for the current period amounted to SAR 916.01 million, compared to SAR 1.087 billion a year earlier, a decrease of 15.79%, which was principally driven by increased inflationary trends affecting margins during the current period.

 

Net insurance service results were lower by 14.75% year-on-year (YoY) at SAR 888.93 million in 9M 2025, due to increased inflationary trends affecting margins during the current period.

 

Other operating expenses rose 5.5% YoY to SAR 309.75 million, following increased expenditure to support business growth.

 

Net investment results reached SAR 558.1 million, from SAR 514.68 million during the similar period of the previous year, an increase of 8.43%.

 

Net other revenue for the current period stood at SAR 40.48 million, compared to SAR 38.40 million a year earlier, an increase of 5.43%.



Current Quarter Comparison (M)

Compared With The
Item Q3 2024 Q3 2025 Change‬
Gross Written Premium (GWP) 4,181.45 4,639.11 10.9 %
Insurance Revenues 4,552.20 5,044.13 10.8 %
Net Profit Before Zakat & Tax 421.39 402.24 (4.5 %)
Net Income 356.28 364.01 2.2 %
Average Shares 150.00 150.00 -
Earnings Per Share before unusual items (Riyal) 2.38 2.43 2.2 %
EPS (Riyal) 2.38 2.43 2.2 %

Q3 2025 net profit grew 2.2% to SAR 364.01 million, from SAR 356.3 million.

 

On a sequential basis, net earnings jumped by 27.2%, from SAR 286.25 million.

Insurance Operations

Item 9m 2024 9m 2025 Change‬
Gross Written Premium (GWP) 15,047.59 16,673.85 10.8 %
Insurance Revenues 13,488.67 14,169.62 5.0 %
Insurance Services Income 1,042.71 888.94 (14.7 %)
Investment Income 514.69 558.10 8.4 %
Net Profit of Insurance Services and Investment 1,557.40 1,447.04 (7.1 %)

Total shareholders’ equity (no minority interest) stood at SAR 5.66 billion by Sept. 30, 2025, compared to SAR 5.15 billion a year earlier.

 

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