
Dubai National Insurance & Reinsurance
Pressreleases, Reports and Disclosures for Dubai National Insurance & Reinsurance
Dubai National Insurance (DNI) held its General Assembly Meeting, chaired by Sultan Ahmad Al Habtoor, where a 15% cash dividend was approved for shareholders, totaling AED 17.325 million. DNI reported strong financial performance in 2025, with insurance revenue rising to AED 560.5 million from AED 469.1 million in 2024, attributed to effective underwriting and investment management. The company achieved a profit after tax of AED 53.6 million and saw its investment portfolio grow to AED 1,182.6 million. Total assets were AED 1,677.5 million, and shareholders' equity increased to AED 950.9 million, indicating financial resilience. DNI maintains a strong solvency position and continues to focus on delivering sustainable value to shareholders.
Dubai National Insurance and Reinsurance (PSC) plans to purchase real estate units in Al Habtoor Tower, Dubai, from Dubai National Investment LLC for AED 110 million, subject to General Assembly approval. The purchase is intended for investment purposes and will be paid in installments. Dubai National Investment LLC owns 10.2% of DNIR shares. This transaction represents 95.2% of DNIR's capital. The deal is expected to diversify DNIR's investment portfolio and generate rental income. UHY James Chartered Accountants evaluated the transaction, and the terms are deemed fair and beneficial to shareholders. The Acting CEO, Charbel Yazbeck, has confirmed the details.
On March 30, 2026, the Board of Directors of Dubai National Insurance and Reinsurance P.S.C held a meeting. They approved a transaction involving related parties, which will be presented to the General Assembly on April 15, 2026, for endorsement. Other routine matters were also discussed. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, and signed by Charbel Yazbeck, Acting CEO.