Riyadh — Mubasher: Liva Insurance Company posted a net profit after Zakat of SAR 32.80 million in the first nine-month (9M) period of 2026, representing a 97.74% increase from SAR 16.59 million in 9M-25, according to a bourse filing.
The company attributed the growth to a 268.21% surge in net insurance service results, which reached SAR 18 million in 9M-26, alongside a 28.06% rise in net investment income to SAR 32.71 million.
Insurance revenue for the 9M-26 period soared by 69.46% to SAR 689.14 million from SAR 406.67 million a year earlier. This expansion was primarily fueled by business growth within the motor and group life insurance sectors.
Earnings per share (EPS) for the 9M-26 period rose to SAR 0.82, compared to SAR 0.41 in the prior-year period.
Total shareholders' equity stood at SAR 511.47 million at the end of September 2026, reflecting an 11.28% increase from the previous year.
For the third quarter (Q3) of 2026, Liva Insurance recorded a net profit worth SAR 16.31 million, a 43.96% increase from SAR 11.33 million in Q3-25.
Quarterly insurance revenue grew by 91.20% to SAR 277.82 million in July-September 2026.
The quarterly performance was supported by a 43.09% increase in investment income and a 63.12% reduction in insurance finance expenses.
