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2026-11-05T06:02:33.220Z

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Tawuniya Q3 profit jumps

Tawuniya Q3 profit jumps

Tawuniya Insurance’s net profit jumped 74.14% year on year to SAR 301.7 million in the third quarter of 2026, compared with SAR 173.26 million, but fell 6.23% from the previous quarter. The company attributed the annual growth to a 20.35% increase in insurance revenue to SAR 6.51 billion, a 25.89% rise in net investment income to SAR 233.4 million, and improved insurance service results after reinsurance. In the first nine months of the year, net profit rose 1.02% to SAR 911.55 million.

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