Insurance Revenue up 24% year-on-year to OMR 299.9 million
Insurance Service Result of OMR 16.7 million, compared to a loss of OMR 9.9 million in 2024 - a 268% improvement
Investment Income up 10% year-on-year to OMR 11.1 million
Net Profit After Tax of OMR 13.4 million, reversing a loss of OMR 10.6 million last year
Muscat, Oman – 21 November 2025 – Liva, a leading insurance group operating across the GCC, today announced its consolidated financial results for the nine-month period ended 30 September 2025, delivering strong top-line growth, improved underwriting performance, and sustained profitability across its key markets.
The Group reported Insurance Revenue of OMR 299.9 million, a 24% increase compared to OMR 240.9 million in the same period last year. Oman delivered a stable and resilient contribution, while the UAE continued to drive growth and the Kingdom of Saudi Arabia showed increased scale where long term market development remains a strategic priority.
Liva’s Insurance Service Result improved to OMR 16.7 million, compared to a loss of OMR 9.9 million in 2024, marking a significant turnaround and return to strong technical profitability. This improvement reflects sharper underwriting discipline, enhanced risk selection, and claims governance, supported by ongoing efficiency initiatives across the organisation. Investment Income increased 10% year-on-year to OMR 11.1 million, driven by portfolio optimization, disciplined asset allocation, and a balanced approach to liquidity and yield management. Liva continues to adopt a disciplined investment strategy, enabling consistent returns while safeguarding capital strength and financial flexibility.
As a result, Liva achieved a Net Profit After Tax of OMR 13.4 million, compared to a loss of OMR 10.6 million in the prior year. The return to profitability highlights the effectiveness of the Group’s strategy and the resilience of its operating model.
Commenting on the results, Martin Rueegg, Group CEO of Liva Group, said: “Our performance over the first nine months of 2025 reflects a business moving with clarity and discipline. The return to profitability is a direct result of stronger technical performance and tighter operational control across the Group. We continue to build scale across our core markets and focus on accelerating digital and operational transformation to support long-term, sustainable growth.”
Looking ahead, Liva will continue to strengthen its regional scale and operational strength across Oman, the UAE, and Saudi Arabia. With the proposed merger between Liva KSA and Malath Cooperative Insurance, which once completed, the Group is expected to expand scale and diversify its portfolio in the Kingdom.
