Bupa Arabia for Cooperative Insurance Company, one of the three biggest insurers in Saudi Arabia, posted net profits after zakat attributable to shareholders of SAR1.08bn ($288m) in 2025, down by 7.45% from SAR1.17bn in 2024.
Insurance revenue rose by 6.64% year-on-year to SAR19.30bn in 2025 from SAR18.10bn, driven by business growth and an expansion in insured lives.
Gross written premiums (GWP) amounted to SAR20.49bn in 2025, up by 11.40% year on year from SAR18.39bn.
In a statement lodged with the Saudi Exchange, Bupa Arabia said that the main reasons for the drop in net profits were:
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Insurance service results for 2025 amounted to SAR922.02m, compared to SAR1,068.06m for 2024, a decrease of 13.67%, largely due to inflationary trends that adversely affected margins during the year.
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Other operating expenses for 2025 amounted to SAR410.65m, 17.78% higher compared to SAR348.65m for 2024, arising from increased expenditure to support business growth.
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These unfavourable movements were partially offset by an increase of 9.12% in net other revenue that amounted to SAR55.44m for 2025 compared to SAR50.80m for 2024.
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Highlights Of Bupa Arabia’s 2025 Financial Results
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2025
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2024
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%
Change
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Insurance Revenue
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19,303,064
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18,101,517
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6.64
|
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Insurance Service Results
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922,024
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1,068,057
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-13.67
|
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Net insurance service result
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877,248
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998,096
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-12.11
|
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Investment Result
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730,728
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672,374
|
8.68
|
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Net Profit (Loss), After Zakat, Attributable To Shareholders
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1,079,092
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1,166,002
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-7.45
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Total Comprehensive Income Attributable to Shareholders
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1,164,187
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1,087,543
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7.05
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Total Shareholders’ Equity (after Deducting Minority Equity)
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5,628,141
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5,151,380
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9.26
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Source: Bupa Arabia
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