Dubai Insurances profit edges up in 9 months

Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) has reported a slight increase in net profit during the first nine months of 2019.

The company’s net profit grew to AED 46.598 million from January to September 2019, compared to AED 46.527 million in the year-ago period, according to a bourse statement released on Tuesday.

Net underwriting income went up to AED 41.048 million in the January-September period, against AED 40.493 million the year before.

Moreover, earnings per share stabilised at AED 0.4 during the nine-month period ended 30 September 2019.

Source: Mubasher

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