Its cash profits amounted to 34.65 million dirhams in 2021

"Dubai National Insurance" agrees to distribute 30% of the cash profits

The General Assembly discussed all the items on the agenda.

From the source

The Dubai National Insurance and Reinsurance Company approved the distribution of 30% of the cash profits (0.30 dirhams per share) for the fiscal year ending on December 31, 2021, at the conclusion of the general assembly meeting yesterday, which means that the total cash profits amount to 34.650 million dirhams.

A company statement stated that all items on the agenda of the general assembly meeting were discussed and approved, and the shareholders approved the company's financial statements for the financial year ending on December 31, 2021.

financial strength

Khalaf Ahmad Al Habtoor, Chairman of Dubai National Insurance and Reinsurance Board, praised the company's strong performance throughout 2021, highlighting the good underwriting results.

He said that the distribution of 30% of the cash profits, which amounted to 34.650 million dirhams, is evidence of the financial strength and sustainable growth of the company.

He added, "Despite the challenges, the company has been able to achieve a positive performance, and we are always committed to enhancing shareholder returns annually, thanks to our shareholders and our team."

He added, "With the receding of the (Omicron) wave, there are indications that the economic cycle is returning to normal, and I hope things will continue in this way, as the situation is still unstable."

Al Habtoor continued: “In the new normal in which uncertainty prevails in our daily lives, as in the insurance sector, we will move forward with sustainable investment in technology, in order to be able to achieve added value for all stakeholders.”

happy customers

For his part, the CEO of the company, Abdullah Al-Naimi, said: “During the past year, which was characterized by instability, due to the outbreak of the (Covid-19) pandemic, the company managed to achieve good results.

Despite the volatile conditions, the company quickly adapted to the changes in the general landscape, by launching an internal call center equipped with the latest technologies to serve customers effectively, and preparing a solid strategy in the field of information technology.”

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