Dubai Insurance Co PSC News - Mubasher Info
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01 March 11:25 PM

Dubai Insurance Co PSC (DIN)

Last update: 25 February 10:36 AM market time.
16.00
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Open 16.00
Previous Close 16.00
High 16.00
Low 16.00
Stock Statistics
Volume 1,144
Turnover 18,304.00
All data are 15 minutes late during market session

News

Photo Gallery
28 January 06:15 PM Dubai Insurance launches 1st crypto-enabled digital wallet in UAE
Dubai - Mubasher: Dubai Insurance Company has partnered with Zodia Custody to launch the first digital wallet for crypto assets in the UAE insurance sector, according to a press release. The new wallet enables secure receipt of insurance premiums …
Banking and Finance
Photo Archive
24 June 2024 10:04 AM Moody’s maintains Dubai Insurance’s ‘A3’ rating; outlook upgraded
Dubai – Mubasher: Moody’s Ratings has affirmed Dubai Insurance Company’s ‘A3’ insurance financial strength rating (IFSR). The rating agency changed the company’s outlook to positive from stable, according to a press release. DIN's outlook has …
Ratings
Photo Archive
8 February 2022 10:49 AM Dubai Insurance sees higher profits in 2021; dividends proposed
Dubai – Mubasher: The net profits of Dubai Insurance Company jumped to AED 80.57 million in 2021, compared to AED 55 million in the earlier year, according to the company's consolidated financials for the period ended 31 December 2021. The company …
Board of Directors
Photo Archive
8 December 2021 10:31 AM Moody's assigns Dubai Insurance 'A3' rating; outlook stable
Dubai – Mubasher: Moody's Investors Service (Moody's) has assigned an 'A3' insurance financial strength rating (IFSR) to Dubai Insurance Company, with a stable outlook. The rating reflects the company's good market position and brand, strong …
Ratings
The company's net underwriting income increased to AED 50.99 million
26 October 2021 09:46 AM Dubai Insurance's profits jump to AED 59m in 9M
Dubai – Mubasher: The unaudited consolidated interim financials of Dubai Insurance Company reported AED 58.81 million net profits during the first nine months of 2021, up from AED 49.17 million in the same period of 2020. The company's net …
Financial Results
The basic and diluted EPS settled at AED 0.423
2 August 2021 09:38 AM Dubai Insurance's profits grow to AED 42m in H1-21
Dubai – Mubasher: The net profits of Dubai Insurance Company increased to AED 42.252 million during the first half (H1) of 2021, compared to AED 33.002 million in the year-ago period, as shown by the company's interim financials for the period …
Financial Results
Dubai Insurance’s board approved Q1-21 financials
29 April 2021 11:54 AM Dubai Insurance reelects Chairman, Vice Chairman
Dubai – Mubasher: Dubai Insurance Company announced the reelection of Buti Obaid Almulla as the Chairman of the board, according to a bourse filing on Thursday. The company has also reelected Vice Chairman Marwan Abdulla Al Rostamani. During its …
Board of Directors
Underwriting income of the insurer came in at AED 919.46 million last year.
28 January 2021 10:24 AM Dubai Insurance profits down 27% in 2020; dividends proposed
Dubai – Mubasher: The net profits of Dubai Insurance Company decreased by 27.3% on a yearly basis in 2020 to reach AED 55 million. This is compared to profits of AED 75.64 million during 2019, according to a bourse filing on Thursday.   …
Financial Results
The EPS stood at AED 0.33 in the January-June period
5 August 2020 09:34 AM Dubai Insurance's net profits slid to AED 33m in H1-20
Dubai – Mubasher: The net profits of Dubai Insurance Company declined to AED 33 million during the first half (H1) of 2020 from AED 43.4 million in the same period of 2019. The company's net underwriting income decreased to AED 24.31 million in …
Financial Results
EPS settled at AED 0.22 in Q1-20
14 May 2020 10:27 AM Dubai Insurance profits decline to AED 22m in Q1-20
Dubai – Mubasher: Dubai Insurance Company reported net profits of AED 22.149 million during the first quarter (Q1) of 2020, down from AED 24.41 million in the same period of 2019. The company's net underwriting income declined to AED 19.50 million …
Financial Results
Dubai Insurance's assets reached AED 1.60 billion in 2019
5 February 2020 05:10 PM Dubai Insurance FY19 profits grow to AED 76m
Dubai – Mubasher: Dubai Insurance Company achieved a profit of AED 75.64 million during fiscal year 2019, higher than AED 50.50 million in 2018. Earnings per share (EPS) stood at AED 0.72 in 2019 when compared to AED 0.47 in the prior year, …
Financial Results
Dubai Insurance enjoys strong balance sheet
26 November 2019 09:28 AM AM Best affirms Dubai Insurance’s FSR at ‘B++’
Dubai – Mubasher: Dubai National Insurance and Reinsurance was assigned a ‘B++’ (Good) financial strength rating (FSR) and a long-term issuer credit rating of ‘bbb+’, with a ‘Positive’ outlook by AM Best. The rating agency has noted the firm’s …
Company News
Signing the agreement
6 November 2019 00:49 PM JAFZA unveils workforce protection programme
Dubai – Mubasher: Jebel Ali Free Zone (Jafza), A DP World-owned company, has concluded an agreement with Dubai Insurance Company (DIC) to roll out the Workforce Protection Programme that will benefit companies based in the zone, National …
Company News
Total comprehensive income grew to AED 53.98 million in H1
28 July 2019 11:54 AM Dubai Insurance posts H1 consolidated interim financial results
Dubai – Mubasher: Dubai Insurance Co, listed on the Dubai Financial Market (DFM), has posted a consolidated interim profit of AED 43.4 million for the first half of 2019, versus AED 29.05 million in H1-18. Total comprehensive income grew to AED …
Financial Results
2 May 2019 04:27 PM AM Best affirms Dubai Insurance’s rating at ‘A-‘
Dubai – Mubasher: AM Best has affirmed the financial strength rating of Dubai Insurance Company (DIN) at “A-“, the agency said in a report released on Thursday. The specialist insurance ratings firm has also confirmed DIN’s long-term issuer credit …
Macroeconomics
The project is scheduled to be opened by December 2019.
20 February 2019 02:38 PM DIRC completes 25% of Al Barsha 1 tower
Dubai – Mubasher: Dubai Investments on Wednesday announced that its subsidiary Dubai Investments Real Estate Company (DIRC) has completed 25% of the new residential tower at Al Barsha 1. The company noted that excavation and substructure work on …
Companies Investments
DIC's headquarter
28 June 2017 02:46 PM A M Best upgrades DIC ratings
Dubai – Mubasher: A M Best has upgraded Dubai Insurance Company’s (DIC) financial strength rating to A- (Excellent) from B++ (Good) and the long-term issuer credit rating to “a-” from “bbb+”, according to a statement. The outlooks of these Credit …
Ratings
Dubai Insurance's headquarter (Photo Credit: Company Website)
4 May 2017 08:25 AM Dubai Insurance Q1 profits decline 38%
Dubai – Mubasher: Dubai Insurance Company reported a decline in its profits by 38.1% year-on-year during the first quarter of 2017, according to a bourse filing. Profits reached AED 13.93 million ($3.79 million) in Q1-17, compared to AED 22.49 …
Financial Results
The company’s capital amounts to AED 100 million (Photo Credit: Arabianeye-Reuters)
5 March 2017 02:51 PM Dubai Insurance approves annual dividends
Dubai – Mubasher: Dubai Insurance Company said its board gave the go-ahead to 25% dividends, or 25 fils per share, totalling AED 25 million for fiscal year 2016. The company’s capital amounts to AED 100 million, distributed on 100 million shares …
Corporate Actions
Net Profits totalled AED 36.61 million in the year 2016 - (Photo Credit: Arabianeye-Reuters)
25 January 2017 03:32 PM Dubai Insurance profits down 57% in Q4
Dubai - Mubasher: Dubai Insurance Company reported a 56.5% decline in profits in the fourth quarter of 2016 compared to the same quarter in the year before. Profits totalled AED 2.88 million ($783,900) in Q4-16 compared to AED 6.62 million ($1.8 …
Financial Results
Dubai Insurance's profits reached AED 5.7 million ($1.55 million) in Q3-16 (Photo Credit: Arabianeye-Reuters)
14 November 2016 09:23 AM Dubai Insurance profits up in Q3
Dubai – Mubasher: Dubai Insurance Co. posted a 139.5% rise year-on-year in its profits during the third quarter of 2016, according to a bourse statement. Profits reached AED 5.7 million ($1.55 million) in Q3-16, compared to AED 2.38 million …
Financial Results
Dubai Insurance’s profits rose 7.5% to AED 28.04 million in H1-16- (Photo Credit: Arabianeye-Reuters)
10 August 2016 03:19 PM Dubai Insurance Q2 profits down 19%
Dubai-Mubasher: Dubai Insurance Company’s net profits fell 18.9% year-on-year to AED 5.55 million ($1.51 million) in the second quarter of 2016 from AED 6.84 million ($1.86 million). On the other hand, the company’s profits rose 7.5% to AED 28.04 …
Financial Results
DIC’s approach to ERM has improved notably over the past two years (Photo Credit: Arabianeye-Reuters)
12 June 2016 00:00 AM A.M. Best affirms Dubai Insurance Company’s credit ratings
Dubai-Mubasher: A.M. Best has affirmed Dubai Insurance Company’s (DIC) financial strength rating and the issuer credit rating at ‘bbb+’ and ‘B++’ respectively, with a ‘Positive’ outlook for each rating. These ratings have reflected the company’s …
Ratings
Insurance expenses rose 178.6% to AED 137.28 million ($37.37million) in Q1-16 (Photo Credit: Arabianeye-Reuters)
12 May 2016 10:08 AM Dubai Insurance profits rise in Q1
Dubai-Mubasher: Dubai Insurance Company saw a decline of 17% year-on-year in its first-quarter profits, according to a bourse statement. Net profits reached AED 22.49 million ($6.12 million) in the first three months of the year, compared to AED …
Financial Results
Photo Credit: Arabianeye-Reuters
6 March 2016 08:35 AM Dubai Insurance shareholders Ok FY15 dividends
Dubai-Mubasher: Dubai Insurance Company’s shareholders gave the go-ahead to distribute 25% cash dividends or 25 fils per share for the fiscal year 2015, totalling AED 25 million, according to a bourse statement. Shareholders also ratified the …
Corporate Actions