Atlantic Insurance board to review first-half 2026 results on September 24
Atlantic Insurance Company Public Ltd will examine its un-audited consolidated first-half 2026 results after warning of lower overall earnings.
Nicosia, Cyprus. Atlantic Insurance Company Public Ltd’s board of directors will meet on September 24, 2026, to examine the group’s un-audited consolidated financial results for the first half of the year.
The meeting is scheduled for 10.30am at the company’s head office in Nicosia.
Profit warning
The board review follows a profit warning issued by the company in August concerning the first six months of 2026.
Atlantic Insurance Company Public Ltd said overall financial results for the period were expected to decline compared with the corresponding period of the previous year, primarily because of lower returns from its investment portfolio.
Operating performance
Despite pressure on total earnings, operating profits were expected to increase during the six-month period, partially offsetting the impact of lower investment returns.
The operational improvement was mainly attributed to a marked reduction in payable claims, while the group’s underlying financial performance was also supported by an overall increase in net insurance income.
Board review
The meeting will allow the board to assess the operational gains alongside the investment downturn when considering the un-audited consolidated accounts.
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