Dubai National Insurance and Reinsurance: 2020 results

Magazine Issue:

The insurance business in the post-Covid-19 era [3]

Magazine date:

Mar 2021

Dubaï National Insurance and Reinsurance (DNIR) Dubai National Insurance and Reinsurance (DNIR) has recorded an 18% turnover decrease in 2020. The latter stands at 317.271 million AED (86.36 million USD) against 381.043 million AED (103.72 million USD) in 2019.

The net profit has declined from 58.085 million AED (15.81 million USD) as at 31 December 2019 to 55.073 million AED (14.99 million USD) at the end of 2020, representing a 5.1% drop.

The underwriting result stands at 53.59 million AED (14.58 million USD) compared to the 55.433 million AED (15.08 million USD) recorded in 2019.

Read also | Listed UAE insurers: 2020’s results [4]

Mon, 29/03/2021 - 15:18

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[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fdubai-national-insurance-and-reinsurance-2020-results&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/insurance-in-the-aftermath-of-covid-19
[4] https://www.atlas-mag.net/en/article/listed-uae-insurers-2020-s-results