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Dubai National Insurance & Reinsurance (DNI) has approved the distribution of a cash dividend of 10 per cent (10 fils per share) amounting to Dh11.55 milli..
AM Best has upgraded DNI’s Financial Strength Rating to A- (Excellent); DNI’S Long-Term Issuer Credit Rating has also been upgraded to “a-” (Excellent) from “bbb+” (.
The distribution of 30 per cent cash dividends, totalling Dh34.650 million, is indicative of the financial strength and the sustainable profitable growth of the comp.