DNIR - Dubai National Insurance

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Share price 15 Apr 2009 2.06 dhs
Price/earnings (annualised)
Latest report DNIR 2008 FY report
Stock market Dubai Financial Market
Founding date 06 Jan 1992 Listing date 26 Mar 2000
Auditor Grant Thornton
Chairman of DNIR Khalaf Ahmed Al Habtoor
CEO of DNIR Sultan Ahmed Al Habtoor (Managing Director)
Foreign ownership limit Maximum 25%
Total shares outstanding 100,000,000
Market capitalisation (AED) 206,000,000
Par value 1 Dh per share
Dividends for 2008 FY (2009 n/a)
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DNIR orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DNIR reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DNIR 2008 FY 29 Jan 2009 43.6m 0.44 0.44 3.10 7.1 2.0 27.9% 32.2%
DNIR 2008 Q4 29 Jan 2009 10.7m 0.11 0.43 3.10 7.2 2.0 27.5% 24.4%
DNIR 2008 Q3 13 Nov 2008 12.3m 0.12 0.49 3.10 6.3 1.0 16.3% 47.4%
DNIR 2008 Q2 13 Aug 2008 12.3m 0.12 0.49 4.00 8.1 1.0 12.7% 36.3%
DNIR 2008 Q1 12 May 2008 8.3m 0.08 0.33 3.99 12.0 1.1 9.3% 26.2%
DNIR 2007 FY 04 Feb 2008 36.1m 0.36 0.36 4.05 11.2 0.9 8.3% 38.4%
DNIR 2006 FY 29 Jan 2007 29.3m 0.29 0.29 3.25 11.1 1.0 8.9% 82.2%
DNIR 2005 FY 306m           55.4% 96.8%
DNIR 2004 FY                
Share price 15 Apr 2009 2.06 dhs
Price/earnings (annualised)
Latest report DNIR 2008 FY report
Stock market Dubai Financial Market
Founding date 06 Jan 1992 Listing date 26 Mar 2000
Auditor Grant Thornton
Chairman of DNIR Khalaf Ahmed Al Habtoor
CEO of DNIR Sultan Ahmed Al Habtoor (Managing Director)
Foreign ownership limit Maximum 25%
Total shares outstanding 100,000,000
Market capitalisation (AED) 206,000,000
Par value 1 Dh per share
Dividends for 2008 FY (2009 n/a)
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for DNIR orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
DNIR reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
DNIR 2008 FY 29 Jan 2009 43.6m 0.44 0.44 3.10 7.1 2.0 27.9% 32.2%
DNIR 2008 Q4 29 Jan 2009 10.7m 0.11 0.43 3.10 7.2 2.0 27.5% 24.4%
DNIR 2008 Q3 13 Nov 2008 12.3m 0.12 0.49 3.10 6.3 1.0 16.3% 47.4%
DNIR 2008 Q2 13 Aug 2008 12.3m 0.12 0.49 4.00 8.1 1.0 12.7% 36.3%
DNIR 2008 Q1 12 May 2008 8.3m 0.08 0.33 3.99 12.0 1.1 9.3% 26.2%
DNIR 2007 FY 04 Feb 2008 36.1m 0.36 0.36 4.05 11.2 0.9 8.3% 38.4%
DNIR 2006 FY 29 Jan 2007 29.3m 0.29 0.29 3.25 11.1 1.0 8.9% 82.2%
DNIR 2005 FY 306m           55.4% 96.8%
DNIR 2004 FY                

DNIR opinion, news, reports, researchTop

DNIR Dubai National Insurance forum  Replies   Views   Last Post 
DNIR 2008Q4 profit Dh11m +19% 0 430 30 Jan 09 15:44
DNIR insurance Arabtec employees 1 507 13 Jan 09 17:53
DNIR 08Q3 profit Dh12m +29% 0 258 15 Nov 08 21:10
DNIR 08Q2 profit Dh12m +26% 0 329 13 Aug 08 14:23
DNIR foreign ownership to 25% 1 451 30 Apr 08 10:11
DNIR 2007 FY profit AED 36m +19% 04 Feb 2008 1 391 19 Apr 08 09:19
« UAE Insurance Sector Ministry of Economy report 2 46 20 Aug 07 10:20
« Middle East Insurance Review UAE 0 11 09 Aug 07 11:00
« Fujairah hotels Cyclone Gonu losses 0 11 15 Jun 07 14:16
DNIR 2007 Q1 profit AED 7.8m +3.3% from 2006 Q1 0 436 15 May 07 12:45

DNIR latest news (links open in new window)Top

News Item

Emirates Business 24/7 Cutting through red tape for expats in times of grief Emirates Business 24/7 It has tie-ups with logistics companies, funeral homes and insurance companies worldwide and if people want to bury or cremate a loved one in the UAE then ... More ...


News Item

A year after the inferno, Australia grows again National ... collapsed under the weight of bereavement and homelessness as well as the frustrations of dealing with insurance companies , builders and local councils. ... More ...


News Item

Saving Costs: Medical and Health Insurance in Dubai Khaleej Times Local insurance companies will penalise the holder by charging more premiums (higher rates) based on their historical claims and required benefits, ... and more » More ...


News Item

Foreign Missions Seek Full Insurance for Housemaids Khaleej Times We had already signed an MoU with Dubai National Insurance . We would hold meetings with all registered recruitment agencies to urge them to furnish ... and more » More ...


News Item

Abu Dhabi wealth fund buys into Gatwick Airport Khaleej Times Sovereign wealth funds are emerging as major investors in infrastructure, alongside pension funds and insurance companies , although opportunities for them ... and more » More ...


News Item

Obama's budget sidesteps health reforms Khaleej Times Shares of healthcare insurance companies — the biggest target of Democrats' reforms — closed lower than the overall market. The S&P Managed Health Care ... and more » More ...


News Item

Emirates Business 24/7 Shariah Capital and DMCC to boost funds to multibillion level Emirates Business 24/7 The Sharia Capital-DMCC joint venture is now in the process of partnering with banks and insurance companies in the Middle East, Europe and Malaysia to sell ... and more » More ...


News Item

Emirates Business 24/7 Freight rates to see recovery this year Emirates Business 24/7 Insurance companies are commercial enterprises and thus they are likely to seek increases. Unfortunately it seems that pirates are still having some success ... and more » More ...


News Item

US Senate approves tough new sanctions on Iran National The latest sanctions approved by Congress would target an array of companies that facilitate Iran's petrol trade, including shipping and insurance companies ... and more » More ...


News Item

Change We Can Believe In Khaleej Times Focusing too intently on cost reduction would have alienated all the same forces— insurance companies , Big Pharma—that derailed health-care reform under Bill ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

DNIR opinion, news, reports, researchTop

DNIR Dubai National Insurance forum  Replies   Views   Last Post 
DNIR 2008Q4 profit Dh11m +19% 0 430 30 Jan 09 15:44
DNIR insurance Arabtec employees 1 507 13 Jan 09 17:53
DNIR 08Q3 profit Dh12m +29% 0 258 15 Nov 08 21:10
DNIR 08Q2 profit Dh12m +26% 0 329 13 Aug 08 14:23
DNIR foreign ownership to 25% 1 451 30 Apr 08 10:11
DNIR 2007 FY profit AED 36m +19% 04 Feb 2008 1 391 19 Apr 08 09:19
« UAE Insurance Sector Ministry of Economy report 2 46 20 Aug 07 10:20
« Middle East Insurance Review UAE 0 11 09 Aug 07 11:00
« Fujairah hotels Cyclone Gonu losses 0 11 15 Jun 07 14:16
DNIR 2007 Q1 profit AED 7.8m +3.3% from 2006 Q1 0 436 15 May 07 12:45
Dubai National Insurance financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
DNIR First Quarter 2004Q1 2005Q1 2006Q1 2007Q1 2008Q1
DNIR Second Quarter 2004Q2 2005Q2 2006Q2 2007Q2 2008Q2
DNIR Third Quarter 2004Q3 2005Q3 2006Q3 2007Q3  2008Q3
DNIR Preliminary FY Report 2004PR 2005PR 2006PR  2007PR  2008PR 
DNIR Final Annual Report 2004FY 2005FY 2006FY 2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

DNIR latest news (links open in new window)Top

News Item

Emirates Business 24/7 Cutting through red tape for expats in times of grief Emirates Business 24/7 It has tie-ups with logistics companies, funeral homes and insurance companies worldwide and if people want to bury or cremate a loved one in the UAE then ... More ...


News Item

A year after the inferno, Australia grows again National ... collapsed under the weight of bereavement and homelessness as well as the frustrations of dealing with insurance companies , builders and local councils. ... More ...


News Item

Saving Costs: Medical and Health Insurance in Dubai Khaleej Times Local insurance companies will penalise the holder by charging more premiums (higher rates) based on their historical claims and required benefits, ... and more » More ...


News Item

Foreign Missions Seek Full Insurance for Housemaids Khaleej Times We had already signed an MoU with Dubai National Insurance . We would hold meetings with all registered recruitment agencies to urge them to furnish ... and more » More ...


News Item

Abu Dhabi wealth fund buys into Gatwick Airport Khaleej Times Sovereign wealth funds are emerging as major investors in infrastructure, alongside pension funds and insurance companies , although opportunities for them ... and more » More ...


News Item

Obama's budget sidesteps health reforms Khaleej Times Shares of healthcare insurance companies — the biggest target of Democrats' reforms — closed lower than the overall market. The S&P Managed Health Care ... and more » More ...


News Item

Emirates Business 24/7 Shariah Capital and DMCC to boost funds to multibillion level Emirates Business 24/7 The Sharia Capital-DMCC joint venture is now in the process of partnering with banks and insurance companies in the Middle East, Europe and Malaysia to sell ... and more » More ...


News Item

Emirates Business 24/7 Freight rates to see recovery this year Emirates Business 24/7 Insurance companies are commercial enterprises and thus they are likely to seek increases. Unfortunately it seems that pirates are still having some success ... and more » More ...


News Item

US Senate approves tough new sanctions on Iran National The latest sanctions approved by Congress would target an array of companies that facilitate Iran's petrol trade, including shipping and insurance companies ... and more » More ...


News Item

Change We Can Believe In Khaleej Times Focusing too intently on cost reduction would have alienated all the same forces— insurance companies , Big Pharma—that derailed health-care reform under Bill ... and more » More ...


Newsfeed from Google News. See also latest UAE market news.

Dubai National Insurance comments & notesTop

Dubai National Insurance and Reinsurance share capital and shares outstanding
  • 31 March 2008 - AED 100 million share capital, 100 million shares outstanding
  • 31 December 2007 - AED 100 million share capital
12 May 2008 - Q1 financial statements & foreign ownership
  • DNIR foreign ownership approved to maximum of 25% in EGM 16 March 2008, and by Ministry of Economy 30 April 2008. Maximum for GCC nationals is 30%.
  • Financial statements say incorporation date is 06 January 1992.
  • DFM website says listing date is 26 March 2000. Previous listing date information (maybe from ESCA?) was 22 April 2001.
  • DNIR has a branch in Beirut, Lebanon, which is in the process of being closed down according to 08Q1 financial statements.
24 February 2007
  • Website says Shaikh / Sheikh Humaid Bin Ahmed Al Mualla (or Ahmad Al Maolla / Moalla / Mu'alla) is Vice Chairman and also UAE Minister for Planning. Different postion from the Minister of Planning and Economy who is Sheikha / Shaikha Lubna.
  • Website also gives incorporation date as 01/01/1991 which conflicts with SCA site date of 01/01/1992.
  • Foreign ownership to 30% for GCC nationals only according to DFM website
Contact details and investor informationTop
  • Dubai National Insurance, PO Box 1806, Dubai, UAE. Tel +971-4-2691300.
  • www.dnirc.com - DNIR website home page.
  • mails@dnirc.com - Dubai National Insurance email.
DNIR - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.dfm.ae - DFM information, financial disclosures and news.

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This page last updated 26-Nov-2009. Company information last updated 24 Jun 2008. E & OE.