Dubai National Insurance

Dubai National Insurance & Reinsurance Co. (P.S.C.)

DNIRStocksDubai Financial MarketInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	362.83M	246.32M	200.61M	202.68M	137.71M
Total Assets	1.68B	1.66B	0.98B	0.97B	1.15B
Investment Securities	38.84M	65.86M	75.04M	76.01M	58.49M
Reinsurance Recoverable	421.74M	662.21M	91.31M	104.37M	193.55M
Liabilities
Total Liabilities	726.65M	853.50M	255.15M	279.29M	396.49M
Insurance Liabilities	678.06M	814.95M	222.24M	245.44M	96.89M
Unearned Premiums	—	—	—	—	151.22M
Unpaid Claims	—	—	—	—	41.84M
Equity & Ownership
Total Equity	950.89M	803.15M	722.66M	685.82M	749.68M
Shares Outstanding	115,500,000	115,500,000	115,500,000	115,500,000	115,500,000
Cash & Assets
Total Assets	1.68B	1.66B	0.98B	0.97B	1.15B
Cash & Equivalents	362.83M	246.32M	200.61M	202.68M	137.71M
Net Cash (Debt)	362.83M	246.32M	200.61M	202.68M	137.71M
Net Cash Per Share	3.14	2.13	1.74	1.75	1.19
Net Cash Growth	+47.3%	+22.8%	-1.0%	+47.2%	+40.6%
Other Receivables Insurance	26.80M	24.12M	17.22M	13.14M	76.27M
Construction In Progress	32.44M	23.82M	1.86M	1.17M	—
Machinery	11.86M	10.05M	8.16M	6.80M	6.07M
Property, Plant & Equipment	36.22M	27.39M	4.74M	2.13M	0.47M
Other Current Assets Insurance	0.18M	0.30M	16.08M	5.78M	17.95M
Other Long Term Assets Insurance	10.00M	10.00M	10.00M	10.00M	10.00M
Loans & Investments
Investment Debt Securities	38.84M	65.86M	75.04M	76.01M	58.49M
Investment Equity Preferred	592.93M	443.09M	402.56M	396.69M	510.98M
Other Investments	—	—	—	—	—
Reinsurance Recoverable	421.74M	662.21M	91.31M	104.37M	193.55M
Total Investments	819.77M	686.31M	637.85M	627.01M	710.22M
Liabilities & Obligations
Total Liabilities & Equity	1.68B	1.66B	0.98B	0.97B	1.15B
Accounts Payable Insurance	—	—	—	—	9.79M
Accrued Expenses	8.79M	14.39M	15.94M	15.78M	29.24M
Current Income Taxes Payable	2.21M	1.35M	—	—	—
Other Current Liabilities Insurance	15.51M	12.80M	12.24M	13.77M	19.40M
Reinsurance Payable	—	—	—	—	44.02M
Unearned Premiums	—	—	—	—	151.22M
Unpaid Claims	—	—	—	—	41.84M
Insurance Annuity Liabilities	678.06M	814.95M	222.24M	245.44M	96.89M
Deffered Tax Liabilities Insurance	17.07M	5.27M	—	—	—
Equity & Book Value
Shareholders' Equity	950.89M	803.15M	722.66M	685.82M	749.68M
Common Stock	115.50M	115.50M	115.50M	115.50M	115.50M
Retained Earnings	517.29M	481.00M	439.01M	409.28M	413.68M
Comprehensive Income & Other	318.10M	206.64M	168.15M	161.04M	220.51M
Book Value Per Share	8.23	6.95	6.26	5.94	6.49
Tangible Book Value	950.89M	803.15M	722.66M	685.82M	749.68M
Tangible Book Value Per Share	8.23	6.95	6.26	5.94	6.49
Filing Date Shares Outstanding	115.50M	115.50M	115.50M	115.50M	115.50M
Total Common Shares Outstanding	115.50M	115.50M	115.50M	115.50M	115.50M
Supplemental
Total Liabilities Insurance	726.65M	853.50M	255.15M	279.29M	396.49M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	362.83M	246.32M	200.61M	202.68M	137.71M
Total Assets	1.68B	1.66B	0.98B	0.97B	1.15B
Investment Securities	38.84M	65.86M	75.04M	76.01M	58.49M
Reinsurance Recoverable	421.74M	662.21M	91.31M	104.37M	193.55M
Liabilities
Total Liabilities	726.65M	853.50M	255.15M	279.29M	396.49M
Insurance Liabilities	678.06M	814.95M	222.24M	245.44M	96.89M
Unearned Premiums	—	—	—	—	151.22M
Unpaid Claims	—	—	—	—	41.84M
Equity & Ownership
Total Equity	950.89M	803.15M	722.66M	685.82M	749.68M
Shares Outstanding	115,500,000	115,500,000	115,500,000	115,500,000	115,500,000
Cash & Assets
Total Assets	1.68B	1.66B	0.98B	0.97B	1.15B
Cash & Equivalents	362.83M	246.32M	200.61M	202.68M	137.71M
Net Cash (Debt)	362.83M	246.32M	200.61M	202.68M	137.71M
Net Cash Per Share	3.14	2.13	1.74	1.75	1.19
Net Cash Growth	+47.3%	+22.8%	-1.0%	+47.2%	+40.6%
Other Receivables Insurance	26.80M	24.12M	17.22M	13.14M	76.27M
Construction In Progress	32.44M	23.82M	1.86M	1.17M	—
Machinery	11.86M	10.05M	8.16M	6.80M	6.07M
Property, Plant & Equipment	36.22M	27.39M	4.74M	2.13M	0.47M
Other Current Assets Insurance	0.18M	0.30M	16.08M	5.78M	17.95M
Other Long Term Assets Insurance	10.00M	10.00M	10.00M	10.00M	10.00M
Loans & Investments
Investment Debt Securities	38.84M	65.86M	75.04M	76.01M	58.49M
Investment Equity Preferred	592.93M	443.09M	402.56M	396.69M	510.98M
Other Investments	—	—	—	—	—
Reinsurance Recoverable	421.74M	662.21M	91.31M	104.37M	193.55M
Total Investments	819.77M	686.31M	637.85M	627.01M	710.22M
Liabilities & Obligations
Total Liabilities & Equity	1.68B	1.66B	0.98B	0.97B	1.15B
Accounts Payable Insurance	—	—	—	—	9.79M
Accrued Expenses	8.79M	14.39M	15.94M	15.78M	29.24M
Current Income Taxes Payable	2.21M	1.35M	—	—	—
Other Current Liabilities Insurance	15.51M	12.80M	12.24M	13.77M	19.40M
Reinsurance Payable	—	—	—	—	44.02M
Unearned Premiums	—	—	—	—	151.22M
Unpaid Claims	—	—	—	—	41.84M
Insurance Annuity Liabilities	678.06M	814.95M	222.24M	245.44M	96.89M
Deffered Tax Liabilities Insurance	17.07M	5.27M	—	—	—
Equity & Book Value
Shareholders' Equity	950.89M	803.15M	722.66M	685.82M	749.68M
Common Stock	115.50M	115.50M	115.50M	115.50M	115.50M
Retained Earnings	517.29M	481.00M	439.01M	409.28M	413.68M
Comprehensive Income & Other	318.10M	206.64M	168.15M	161.04M	220.51M
Book Value Per Share	8.23	6.95	6.26	5.94	6.49
Tangible Book Value	950.89M	803.15M	722.66M	685.82M	749.68M
Tangible Book Value Per Share	8.23	6.95	6.26	5.94	6.49
Filing Date Shares Outstanding	115.50M	115.50M	115.50M	115.50M	115.50M
Total Common Shares Outstanding	115.50M	115.50M	115.50M	115.50M	115.50M
Supplemental
Total Liabilities Insurance	726.65M	853.50M	255.15M	279.29M	396.49M