Press releases, Reports & Disclosures for Dubai National Insurance & Reinsurance

Dubai National Insurance (DNI) announced a 15% cash dividend at its Annual General Assembly Meeting, totaling AED 17.325 million. The company reported a net profit of AED 53.5 million for 2024, marking a 13.6% increase from the previous year. Insurance revenue rose by 5% to AED 469.1 million. Chairman Khalaf Ahmad Al Habtoor attributed the strong financial performance to effective underwriting strategies and investment income, despite challenges like the April floods. CEO A.R. Srinivasan highlighted the company's significant underwriting growth and enhanced digital capabilities. Al Habtoor expressed gratitude to UAE leadership and regulatory authorities, emphasizing DNI's commitment to sustainable growth and innovation.