Dubai National Insurance

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

DNIRStocksDubai Financial MarketInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	362.83M	318.52M	283.56M	—	246.32M
Total Assets	1.68B	1.58B	1.64B	—	1.66B
Investment Securities	38.84M	38.74M	38.59M	—	65.86M
Reinsurance Recoverable	421.74M	457.33M	561.67M	—	662.21M
Liabilities
Total Liabilities	0.73B	0.70B	0.76B	—	0.85B
Insurance Liabilities	0.68B	0.65B	0.72B	—	0.81B
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	—	—	—	—
Equity & Ownership
Total Equity	950.89M	886.63M	874.59M	803.15M	803.15M
Shares Outstanding	115,500,000	115,500,000	115,500,000	115,500,000	115,500,000
Cash & Assets
Total Assets	1.68B	1.58B	1.64B	—	1.66B
Cash & Equivalents	362.83M	318.52M	283.56M	—	246.32M
Net Cash (Debt)	362.83M	318.52M	283.56M	246.32M	246.32M
Net Cash Per Share	3.14	2.76	2.46	2.13	2.13
Net Cash Growth	+47.3%	+51.8%	+28.6%	+5.6%	+22.8%
Other Receivables Insurance	26.80M	29.45M	24.78M	—	24.12M
Construction In Progress	32.44M	—	—	—	23.82M
Machinery	11.86M	—	—	—	10.05M
Property, Plant & Equipment	36.22M	33.38M	30.45M	—	27.39M
Other Current Assets Insurance	0.18M	—	—	—	0.30M
Other Long Term Assets Insurance	10.00M	10.00M	10.00M	—	10.00M
Long-Term Deferred Tax Assets	—	—	—	—	—
Loans & Investments
Investment Debt Securities	38.84M	38.74M	38.59M	—	65.86M
Investment Equity Preferred	592.93M	517.35M	508.27M	—	443.09M
Other Investments	—	—	—	—	—
Reinsurance Recoverable	421.74M	457.33M	561.67M	—	662.21M
Total Investments	819.77M	733.69M	724.58M	—	686.31M
Liabilities & Obligations
Total Liabilities & Equity	1.68B	1.58B	1.64B	—	1.66B
Accounts Payable Insurance	—	—	—	—	—
Accrued Expenses	8.79M	—	—	—	14.39M
Current Income Taxes Payable	2.21M	1.83M	2.90M	—	1.35M
Other Current Liabilities Insurance	15.51M	26.33M	21.66M	—	12.80M
Reinsurance Payable	—	—	—	—	—
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	—	—	—	—
Insurance Annuity Liabilities	0.68B	0.65B	0.72B	—	0.81B
Deffered Tax Liabilities Insurance	17.07M	11.19M	10.30M	—	5.27M
Equity & Book Value
Shareholders' Equity	950.89M	886.63M	874.59M	803.15M	803.15M
Common Stock	115.50M	115.50M	115.50M	—	115.50M
Retained Earnings	517.29M	503.78M	500.07M	—	481.00M
Comprehensive Income & Other	318.10M	267.35M	259.02M	—	206.64M
Book Value Per Share	8.23	7.68	7.57	6.95	6.95
Tangible Book Value	950.89M	886.63M	874.59M	803.15M	803.15M
Tangible Book Value Per Share	8.23	7.68	7.57	6.95	6.95
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	0.73B	0.70B	0.76B	—	0.85B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Assets
Cash & Equivalents	362.83M	318.52M	283.56M	—	246.32M
Total Assets	1.68B	1.58B	1.64B	—	1.66B
Investment Securities	38.84M	38.74M	38.59M	—	65.86M
Reinsurance Recoverable	421.74M	457.33M	561.67M	—	662.21M
Liabilities
Total Liabilities	0.73B	0.70B	0.76B	—	0.85B
Insurance Liabilities	0.68B	0.65B	0.72B	—	0.81B
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	—	—	—	—
Equity & Ownership
Total Equity	950.89M	886.63M	874.59M	803.15M	803.15M
Shares Outstanding	115,500,000	115,500,000	115,500,000	115,500,000	115,500,000
Cash & Assets
Total Assets	1.68B	1.58B	1.64B	—	1.66B
Cash & Equivalents	362.83M	318.52M	283.56M	—	246.32M
Net Cash (Debt)	362.83M	318.52M	283.56M	246.32M	246.32M
Net Cash Per Share	3.14	2.76	2.46	2.13	2.13
Net Cash Growth	+47.3%	+51.8%	+28.6%	+5.6%	+22.8%
Other Receivables Insurance	26.80M	29.45M	24.78M	—	24.12M
Construction In Progress	32.44M	—	—	—	23.82M
Machinery	11.86M	—	—	—	10.05M
Property, Plant & Equipment	36.22M	33.38M	30.45M	—	27.39M
Other Current Assets Insurance	0.18M	—	—	—	0.30M
Other Long Term Assets Insurance	10.00M	10.00M	10.00M	—	10.00M
Long-Term Deferred Tax Assets	—	—	—	—	—
Loans & Investments
Investment Debt Securities	38.84M	38.74M	38.59M	—	65.86M
Investment Equity Preferred	592.93M	517.35M	508.27M	—	443.09M
Other Investments	—	—	—	—	—
Reinsurance Recoverable	421.74M	457.33M	561.67M	—	662.21M
Total Investments	819.77M	733.69M	724.58M	—	686.31M
Liabilities & Obligations
Total Liabilities & Equity	1.68B	1.58B	1.64B	—	1.66B
Accounts Payable Insurance	—	—	—	—	—
Accrued Expenses	8.79M	—	—	—	14.39M
Current Income Taxes Payable	2.21M	1.83M	2.90M	—	1.35M
Other Current Liabilities Insurance	15.51M	26.33M	21.66M	—	12.80M
Reinsurance Payable	—	—	—	—	—
Unearned Premiums	—	—	—	—	—
Unpaid Claims	—	—	—	—	—
Insurance Annuity Liabilities	0.68B	0.65B	0.72B	—	0.81B
Deffered Tax Liabilities Insurance	17.07M	11.19M	10.30M	—	5.27M
Equity & Book Value
Shareholders' Equity	950.89M	886.63M	874.59M	803.15M	803.15M
Common Stock	115.50M	115.50M	115.50M	—	115.50M
Retained Earnings	517.29M	503.78M	500.07M	—	481.00M
Comprehensive Income & Other	318.10M	267.35M	259.02M	—	206.64M
Book Value Per Share	8.23	7.68	7.57	6.95	6.95
Tangible Book Value	950.89M	886.63M	874.59M	803.15M	803.15M
Tangible Book Value Per Share	8.23	7.68	7.57	6.95	6.95
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	0.73B	0.70B	0.76B	—	0.85B