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Sean Magee, Board Secretary, addressed a letter dated March 27, 2025, to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, and H.E. Hamed Ahmad Ali, CEO of the Dubai Financial Market. The letter clarifies news reported by Reuters about Tabreed's potential acquisition consideration. Magee emphasized Tabreed's commitment to disclosure and transparency rules, assuring that any transactions will be officially announced as per regulations. Until then, Tabreed will not comment on media speculation. For further information, recipients are encouraged to contact the company.

Moody's has upgraded Dubai Insurance Company's Insurance Financial Strength Rating from A3 to A2, maintaining a stable outlook. This upgrade is attributed to the company's enhanced market position and business diversification, particularly in personal and commercial insurance. Dubai Insurance plays a key role in government insurance programs and mandatory employment-based schemes in the UAE. The company's growth in medical and motor insurance, alongside its management of government programs, has led to stable underwriting profits, positioning it well for future growth in the UAE's evolving economy. Moody's anticipates that the company's expansion in commercial lines and premiums will boost profitability and client concentration, relying on government policies and actions. Dubai Insurance is recognized as one of the top five insurers in the UAE, with significant investments in administrative capabilities and technology.