DNIR profits up 9% to Dh50m

08/03/2018 05:35 AST

Dubai National Insurance and Reinsurance's (DNIR) full-year net profits for 2017 rose 9 per cent to Dh50.07 million, the company said in a statement.

Gross written premiums were up 24 per cent to Dh343.5 million, with net underwriting income up 18 per cent to Dh45 million, the firm told shareholders at its AGM on Wednesday.

Board chairman Khalaf Ahmad Al Habtoor said 2017 had been a milestone year for the firm. "DNIR strengthened the identification and quantification of key risks and imposed greater controls in order to mitigate and reduce the potential impact on our earnings and capitalisation," he added.


Gulf News

News

Dubai reinsurer's board to meet on February 4

29/01/2015

Dubai National Insurance and Reinsurance (DNIR) said on Wednesday its board will meet on February 4 to approve the company's 2014 results.

In a statement, the company revealed it also plans

Gulf News

Khalaf Ahmad Al Habtoor urges investors to use a level head

18/12/2014

UAE businessman and philanthropist Khalaf Ahmad Al Habtoor urges investors in the United Arab Emirates to tread with caution but not to over react to current volatility/panic in the market. The Al Ha

CPI Financial

DNIR Announces 20% Cash Dividend for 2013 at AGM

27/03/2014

Dubai National Insurance & Reinsurance PSC ( DNIR ) announced a healthy full year report card for 2013 at its Annual General Meeting on Wednesday, March 26, 2014 and the shareholders approved a cash

Press Release

Most Viewed Companies

Ticker Price Volume

Valuation

DNIR Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 399.50 0.00 (0.00%)
FAB 16.50 0.10 (0.60%)
EMIRATESNBD 26.15 0.90 (3.56%)
INVESTB 0.45 0.00 (0.00%)
ADCB 14.84 0.10 (0.67%)

Recent News

Gulf Bank launches Concierge App in collaboration with Peacock Concierge

06/03/2026

As part of its ongoing commitment to delivering innovative digital solutions that enhance customers' lifestyles, Gulf Bank has launched its new Concierge App in strategic collaboration with Peacock C

Kuwait Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

06/03/2026

Emirates NBD has waived a range of banking fees for customers across the UAE and the wider Gulf, making cash and card services easier to access during a period of heightened regional uncertainty.

Gulfnews

2PointZero buys majority stake in Italian packaging group ISEM for $192m

06/03/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has announced that it has formally completed the transaction to acquire a majority position in ISEM,

Trade Arabia

SAL agrees $30m Aviapartner Liege acquisition to expand into Europe

06/03/2026

SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for ?28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe's major air carg

Arab News

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap