Dubai National Insurance and Reinsurance (DNIR) closed a net benefit of Dh56.4 million in 2021, it said on Tuesday, a 2.4% jump when compared to year-ago period.
The insurer saw gross written premium barely lower at Dh301.2 million, compared to Dh317.2 million for a similar period in 2020, it added.
“Since origin, we were able to keep a positive presentation at DNIR as are always dedicated to delivering increased returns to the shareholders every year,” said Khalaf Ahmad Al Habtoor, Chairman of the Board of Directors.
“Our objective is to extending our range and we are constantly studying ways for developing the business in the UAE and the region, utilizing the team’s ground breaking capacities and the DNIR’s different contributions.”
Net underwriting income increased by 4.5% to Dh56 million, the company said, against Dh53.6 million for the same period in 2020.