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Al Rajhi Takaful Q2 profit drops to 94.33M
Takaful Al Rajhi Company's profits declined to 94.33 million SAR in the second quarter of 2026, a decrease of 15.44% compared to the same period last year. This is attributed to an increase in insurance claims and a decline in savings protection revenues, despite higher profits from medical and vehicle insurance. The company also recorded a 62.02% increase in investment results, a 10.97% rise in insurance revenues, and a 2.70% increase in first-half profits, driven by higher returns from the investment portfolio and improved insurance outcomes.
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