National General Insurance Co PJSC (NGI)

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News

14 July 2021 00:45 PM Dubai Investments ups stake in NGI for AED 71m

Dubai - Mubasher: National General Insurance Co (NGI) witnessed a direct deal worth AED 71.067 million on the Dubai Financial Market (DFM). The transaction involved the trading of 22.778 million shares at a value of AED 3.12 apiece, the DFM said …

Mergers and Acquisitions

4 November 2019 10:50 AM National General Insurance sees lower profit at AED 31m in 9M-19

Dubai – Mubasher: The financial statements of National General Insurance Co revealed a profit of AED 31.052 million over the period from January to September 2019, down from AED 39.375 million a year earlier.    Earnings per share (EPS) for the …

Company News

1 October 2019 09:18 AM UAE-based NGI mulls over raising foreign ownership to 49%

Dubai – Mubasher: National General Insurance Co (NGI), listed on the Dubai Financial Market (DFM), announced that its board of director considers raising the percentage of foreign ownership in the company’s capital to 49% from 25%. The board will …

Board of Directors

20 February 2018 04:42 PM National General Insurance’s board proposes AED 22.5 dividends

Abu Dhabi – Mubasher: National General Insurance’s (NIG) board recommended the distribution of AED 22.49 million in cash dividends, which makes up 15% of the company’s capital, with a per-share dividend of AED 0.015, the UAE-based insurer stated …

Cash Dividends

20 March 2017 02:07 PM NGI OGM approves distributing 12 fils per share

Dubai - Mubasher: National General Insurance Company’s (NGI) ordinary general meeting (OGM) approved the board’s recommendation to distribute 12% cash dividends for 2016. Total dividends amount to AED 18 million at 12 fils per share, according to …

Cash Dividends

12 February 2017 03:42 PM NGI board recommends dividends at 12%

Dubai - Mubasher: The board of National General Insurance (NGI) recommended the distribution of cash dividends to shareholders at 12% of issued and paid capital. This means that cash dividends for 2016 are set to reach AED 18 million, since the …

General Assembly

12 February 2017 03:16 PM NGI profits up 187% in Q4

Dubai - Mubasher: The financial results of National General Insurance (NGI) showed a jump in profits by 186.6% in the fourth quarter of 2016. Profits reached AED 7.28 million ($1.98 million) in Q4-16 compared to AED 2.54 million ($691,330) in …

Financial Results

26 July 2016 08:57 AM NGI profits fall 68% on lower premiums

Dubai-Mubasher: National General Insurance (NGI) reported a 67.7% decline year-on-year in its profits during the second quarter of 2016, according to a bourse statement. Profits stood at AED 4.92 million ($1.34 million) in Q2-16, compared to AED …

Financial Results

21 March 2016 09:07 AM NGI shareholders approve dividends

Dubai-Mubasher: Shareholders of National General Insurance (NGI) agreed on Sunday to distribute 10% cash dividends for 2015, according to a bourse statement. The dividends stand at a total of AED 15 million. Shareholders also elected new board …

Corporate Actions

16 February 2016 09:15 AM NGI board proposes 10% cash dividends

Dubai-Mubasher: National General Insurance Co. (NGI) said that its board recommended in its meeting on Monday a 10% cash dividend or 10 fils per share payout for the fiscal year 2015, totalling AED 15 million, according to a bourse filing. The …

Corporate Actions

7 February 2016 01:02 PM NGI turns profitable in Q4-15

Dubai-Mubasher: National General Insurance (NGI) reported profits of AED 4.56 million ($1.24 million) in the fourth quarter of 2015, against losses of AED 3.4 million ($925,000) in the same quarter of 2014, according to a bourse filing on Sunday. …

Financial Results

25 October 2015 03:11 PM NGI profits plummet 73% in 9M

Dubai-Mubasher: National General Insurance (NGI) reported a 73% profit plunge to AED 22.4 million in the first nine months of 2015, compared to AED 83 million in the same period of 2014, according to a bourse filing. Profits decreased to AED 5.8 …

Financial Results

4 May 2015 02:10 PM UAE insurance firm posts 99% profit plunge in Q1

 Dubai – Mubasher: National General Insurance (NGI) reported a net profit of AED 580,550 ($158,000) in the first quarter of 2015, a 98.7% profit plunge from AED 44.75 million ($12.2 million) in Q1-14, according to a filing to the Dubai …

Company News

17 March 2015 09:14 AM National General Insurance approves 25% dividend for 2014

Dubai – Mubasher: National General Insurance (NGI) shareholders on Monday approved a cash dividend representing 25% of capital and totaling AED 37.5 million for the year 2014.Profits can be received on 26 March, the company added in its …

Company News

5 February 2015 10:59 AM NGI proposes 25% cash dividend

 Dubai – Mubasher: Following its announcement of its financials, National General Insurance (NGI), listed on the Dubai Financial Market (DFM), announced that its Board of Directors has proposed a cash dividend representing 25% of capital, totaling …

Company News

5 February 2015 08:59 AM Dubai’s NGI annual profit down 36%

 Dubai – Mubasher: National General Insurance (NGI) announced its financials for FY14 in its filing to the Dubai Financial Market (DFM) and reported a net profit fall by 36.35% to AED 79.63 million ($21.7 million) compared to AED 125 million ($34 …

Financial Results

5 November 2014 08:20 AM NGI profit slips to AED 83m in 9M

National General Insurance Company (NGI) announced its financials for the first nine months of 2014 and for the third quarter of the year in its statement to the Dubai Financial Market (DFM).NGI reported a 4.4% decline to AED 83 …

Financial Results

21 October 2014 05:41 PM DFM ends in green, rises 1.47%

The Dubai Financial Market (DFM) ended Tuesday on a positive note, rising by 1.47% or 64.47 pts to 4441.88 pts.Turnover was seen at AED 750.73 million as 348.83 million shares were traded through 6440 transactions.A total of 30 …

Trading Activities

16 October 2014 03:55 PM DFM plunges 4.95% to 4270 pts

The Dubai Financial Market (DFM) ended Thursday, the last trading session of the week, in the red, falling for the third successive session. The market’s benchmark index DFMGI retreated by 4.95% or 222.32 pts to 4270.43 pts.Turnover …

Trading Activities

14 October 2014 05:13 PM DFM drops 2.91% on real estate sector

The Dubai Financial Market (DFM) closed in the red on Tuesday, resuming Sunday’s losses. The market’s benchmark index fell 2.91% or 136.80 pts to 4571.90 pts.Turnover was seen at AED 910.91 million as 383.9 million shares were traded, …

Trading Activities

12 October 2014 05:06 PM DFM falls 6.54% on Sunday; Arabtec top loser

The Dubai Financial Market (DFM) commenced and ended in the red on Sunday, the first session of the week amid notable declines by all markets in the Gulf Cooperation Council (GCC) region. The market’s benchmark index plunged by 6.54%, …

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