Sukoon Insurance, one of the largest insurers in the UAE, has announced that it marked its Golden Jubilee in 2025 with the strongest overall financial performance in the company's history. The 50th anniversary milestone was a landmark year of growth for Sukoon.
The company's profit before tax rose to AED428m ($116.54m) for the year ended 31 December 2025, marking a 47% year-on-year increase and reflecting the company’s solid operational momentum and disciplined underwriting approach.
Sukoon reported exceptional growth across all key financial metrics, supported by robust economic conditions, prudent risk management and continued operational excellence.
The company achieved a historic high revenue, with Gross Written Premium (GWP) surpassing AED7bn, a 19% year-on-year increase. This strong topline growth was accompanied by a 12% rise in insurance service results, reaching AED261m. Investment income also saw a substantial increase of 43%, reaching AED298m, driven by a shift toward higher-yielding assets.
Sukoon Takaful
Performance was also bolstered by the company’s subsidiary, Sukoon Takaful, which continued its strong momentum by delivering exceptional profitability for the second consecutive year following its acquisition and integration.
Mr Hammad Khan, Interim CEO and CFO at Sukoon Insurance, said, “Our 2025 performance underscores Sukoon’s ability to deliver profitable growth while maintaining strong underwriting discipline and capital strength, maintaining 275% solvency ratio. This milestone reflects consistent execution across business segments and our commitment to long-term value creation for customers, partners and shareholders.”
2026
Looking ahead, Sukoon reaffirmed its strategic priorities as the UAE designates 2026 as "The Year of The Family". The company intends to focus on enhancing solutions that safeguard the health, financial security and well-being of families across the nation.
Additionally, the company emphasised the expanding role of digital innovation —particularly artificial intelligence—in shaping the future of insurance, with plans to integrate AI-driven insights and automation to deliver smarter and more efficient customer interactions.