Dubai National Insurance & Reinsurance

Dubai National Insurance & Reinsurance

Pressreleases, Reports and Disclosures for Dubai National Insurance & Reinsurance

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Dubai Financial Market News
Disclosure: Notification from the company

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.

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Dubai Financial Market News
Disclosure: Integrated report for the year 2025
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Dubai Financial Market News
Disclosure: Results of BOD Meeting

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.

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Dubai Financial Market News
Disclosure: BOD meeting
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Dubai Financial Market News
Disclosure: Invitation of General Assembly
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Dubai Financial Market News
Disclosure: Financial statements for the year of 2025
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Dubai Financial Market News
Disclosure: Results of BOD Meeting
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Dubai Financial Market News
Disclosure: BOD meeting
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Dubai Financial Market News
Disclosure: Preliminary financial results for the year of 2025
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Dubai Financial Market News
Disclosure: Press release
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Dubai Financial Market News
Disclosure: Results of BOD Meeting
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Dubai Financial Market News
Disclosure: Press release

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) for Dubai National Insurance & Reinsurance P.S.C. (DNI) in the United Arab Emirates. The outlook for these ratings is stable. These ratings are based on DNI's very strong balance sheet, strong operating performance, limited business profile, and appropriate enterprise risk management. DNI's balance sheet strength is supported by strong risk-adjusted capitalization, good earnings retention, low underwriting leverage, good liquidity levels, and prudent reserving practices. However, the company has a high dependence on reinsurance, with an average retention ratio of approximately 49.9% from 2022 to 2024. This risk is mitigated by using a panel of international reinsurers with excellent financial strength. DNI has shown strong operating performance, with a five-year average combined ratio of 85.3%, although recent underwriting performance has been pressured, with combined ratios rising to 104.2% in 2024 and 99.8% for the third quarter of 2025.

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