Dubai – Mubasher: Dubai National Insurance and Reinsurance logged net profits of AED 58.085 million in 2019, up from AED 52.661 million in 2018, according to the company’s financials for 2019 on Thursday.
The company’s net earned premiums declined to AED 120.235 million in 2019 from AED 122.859 million in the prior year, while total assets rose to AED 1.080 billion from AED 984.094 million.
At the same time, the earnings per share (EPS) stood at AED 0.50 last year, compared to AED 0.46 in 2018.
It is noteworthy to mention that during the first nine months of 2019, the company’s profits increased to AED 46.598 million.
