Dubai National Insurance and Reinsurance PJSC (DNIR)

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News

19 April 08:35 AM DNI to disburse 15% cash dividends following strong profitability in 2025

Dubai – Mubasher: The annual general assembly meeting of Dubai National Insurance (DNI) has approved a 15% cash dividend to shareholders, amounting to AED 17.32 million, for 2025. Vice Chairman Sultan Ahmad Al Habtoor affirmed that the group …

General Assembly

27 April 2025 00:07 PM Dubai National Insurance’s general assembly raises cash dividends for 2024

Dubai – Mubasher: Dubai National Insurance announced that the general assembly approved a 15% cash dividend to shareholders amounting to AED 17.32 million, according to a press release. Khalaf Al Habtoor, Chairman of Dubai National Insurance, …

General Assembly

28 April 2024 01:07 PM Dubai National Insurance’s shareholders greenlight 10% dividends

Dubai – Mubasher: The annual general assembly of Dubai National Insurance (DNI) approved a 10% cash dividend to shareholders amounting to AED 11.55 million. The insurance firm delivered a strong financial performance in 2023, achieving a full-year …

General Assembly

4 September 2023 10:59 AM Dubai National Insurance unveils key appointment

Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) has named Srinivasan Aduthurai Rajagopalan as the company’s CEO. The board members greenlighted the appointment during their meeting on 1 September 2023, according to a bourse …

Corporate Actions

13 December 2021 10:06 AM AM Best affirms Dubai National Insurance's ratings; outlook positive

Dubai – Mubasher: AM Best has affirmed the financial strength and long-term issuer credit ratings of Dubai National Insurance and Reinsurance (DNIR) at 'B++' and 'bbb+', respectively, with a positive outlook. The ratings are based on AM Best's …

Ratings

12 August 2021 09:31 AM Dubai National Insurance records lower profits in H1-21

Dubai – Mubasher: The net profits of Dubai National Insurance and Reinsurance (DNIR) decreased to AED 34.478 million during the first half (H1) of 2021, compared to AED 38.515 million in the same period of 2020, as per the company's interim …

Financial Results

4 April 2021 02:56 PM DNIR appoints new CEO

Dubai – Mubasher: The board of Dubai National Insurance and Reinsurance (DNIR) has assigned the role of CEO to Abdulla Al Nuaimi. Al Nuaimi will start assuming his position as the company's CEO from 11 April 2021, according to the company's …

Board of Directors

17 March 2021 03:44 PM Dubai National Insurance's OGM approves 30% dividends

Dubai – Mubasher: The ordinary general meeting (OGM) of Dubai National Insurance and Reinsurance (DNIR) has approved cash dividend distribution, equivalent to 30% of the company's paid-up share capital. The cash dividend distribution aggregates at …

General Assembly

11 February 2021 03:29 PM Dubai National Insurance's profits down in 2020

Dubai – Mubasher: The net profits of Dubai National Insurance and Reinsurance (DNIR) reduced to AED 55.073 million in 2020 from AED 58.085 million in the previous year. The company's net earned premiums reached AED 117.717 million in 2020, down …

Financial Results

26 November 2020 09:36 AM AM Best affirms Dubai National Insurance's credit rating; outlook positive

Dubai – Mubasher: AM Best rating agency has affirmed the financial strength rating of Dubai National Insurance and Reinsurance (DNIR) at 'B++' and the long-term issuer credit rating at 'bbb+', with a positive outlook. This rating shows DNIR's …

Ratings

9 November 2020 01:54 PM Dubai National Insurance's profits up in 9M

Dubai – Mubasher: The net profits of Dubai National Insurance and Reinsurance (DNIR) rose to AED 49.28 million during the first nine months of 2020 from AED 46.598 million in the year-ago period. The company's net earned premium reached AED 89.91 …

Financial Results

11 August 2020 04:17 PM Dubai National Insurance achieves higher profits in H1-20

Dubai – Mubasher: The net profits of Dubai National Insurance and Reinsurance (DNIR) increased to AED 38.51 million in the January-June period of 2020 from AED 35.19 million in the corresponding period of 2019. The company's net earned premium …

Financial Results

19 May 2020 00:40 PM Dubai National Insurance reports AED 27m profits in Q1-20

Dubai – Mubasher: The net profits of Dubai National Insurance and Reinsurance (DNIR) recorded AED 26.67 million during the first quarter (Q1) of 2020, compared to AED 26.01 million in the same period of 2019. The company's net earned premium rose …

Financial Results

6 February 2020 04:34 PM Dubai National Insurance’s board recommends 35% cash dividend

Dubai – Mubasher: The board of Dubai National Insurance and Reinsurance has proposed to distribute 35% of the capital as cash dividends to shareholders for fiscal year 2019, according to the company’s disclosure to Dubai Financial Market (DFM) on …

Board of Directors

6 February 2020 02:42 PM Dubai National Insurance’s net profits rise to AED 58m in 2019

Dubai – Mubasher: Dubai National Insurance and Reinsurance logged net profits of AED 58.085 million in 2019, up from AED 52.661 million in 2018, according to the company’s financials for 2019 on Thursday. The company’s net earned premiums declined …

Financial Results

12 November 2019 02:52 PM Dubai National Insurance’s profit edges up in 9M/19

Dubai – Mubasher: Dubai National Insurance and Reinsurance has reported a slight increase in net profit during the first nine months of 2019. The company’s net profit grew to AED 46.598 million from January to September 2019, compared to AED …

Financial Results

17 September 2017 11:20 AM A.M. Best gives Dubai National Insurance ‘B++’ rating

Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) has been awarded a ‘B++’ financial strength rating (FSR) and a ‘bb+’ long-term credit rating, with a stable outlook by A.M. Best. The ratings reflect DNIR’s strong capital, risk …

Ratings

7 March 2017 00:54 PM Dubai National Insurance nods to annual dividends

Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) said its shareholders gave the go-ahead to 25% cash dividends, or 25 fils per share, for fiscal year 2017.  Total dividend payout amounts to AED 28.9 million, according to a bourse …

Corporate Actions

9 November 2016 00:38 PM Dubai Insurance profits up 25% in Q3

Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) reported a 25.3% rise year-on-year in its profits during the third quarter of 2016, according to a bourse statement. Net profits reached AED 12.09 million ($3.29 million) in Q3-16, …

Financial Results

9 August 2016 10:28 AM Dubai Insurance Q2 profits decline 3.2%

Dubai - Mubasher: Dubai National Insurance Co. posted a 22.3% year-on-year retreat in profits in the second quarter of 2016, to AED 7.29 million ($1.98 million) down from AED 9.38 million ($2.55 million) in Q2-15. Profits also decreased 3.2% in …

Financial Results

25 April 2016 10:31 AM Dubai Insurance cuts foreign ownership ratio

Dubai-Mubasher: Dubai Insurance Company lowered the foreign ownership ratio from 30% to 25%, according to a bourse statement. The new ratio is deemed effective as of 25 April. The company’s stock stabilised its last trading session on 14 March at …

Corporate Actions

7 March 2016 00:47 PM Dubai Insurance shareholders approve FY15 dividends

Dubai-Mubasher: Dubai Insurance Company’s shareholders gave the go-ahead to pay 20% dividends or 20 fils per share for the fiscal year 2015, according to a bourse statement. The dividends issue works out to a total of AED 23.1 million. …

Corporate Actions

1 February 2016 02:36 PM Dubai insurance firm profits plunge 63% in Q4-15

Dubai-Mubasher: Dubai National Insurance and Reinsurance (DNIR) reported a 63.4% plummet to AED 1.81 million ($493,000) in the fourth quarter of 2015, compared to AED 4.95 million ($1.35 million) in the same quarter of 2014 The company’s profit …

Financial Results

8 November 2015 01:35 PM Dubai insurance firm posts 26.45% profit rise in H1

Dubai-Mubasher: Dubai National Insurance and Reinsurance (DNIR) generated profits of AED 39 million ($10.6 million) in the first nine months of 2015, a rise of 26.45% from AED 30.82 million ($8.4 million) in the same period of 2014, according to a …

Financial Results

12 August 2015 10:45 AM Dubai insurance firm posts 38.5% profit rise in H1

  Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) reported a net profit of AED 29.3 million ($8 million) in the half-year period ended 30 June 2015, registering an increase of 38.5% from AED 21.18 million ($5.77 million) in the …

Company News