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Dubai Insurance Company (DIN), established by His Highness the Late Sheikh Rashid Al Maktoum as the first local insurance provider in the UAE, has consistently delivered exceptional service to its clients. A major transformation occurred in 2006 when a dynamic and proactive Board of Directors was elected, leading to significant growth in both revenue and client offerings while preserving the core values set by the company's founders.
Between 2006 and 2022, Dubai Insurance saw its revenue soar from AED 24 million to AED 1.5 billion, all while maintaining profitability. As a composite insurer with licenses for Property & Casualty (P&C) and Life insurance, Dubai Insurance offers a diverse range of products, including Property, Liability, Marine, Group Life, Medical, and specialty lines such as Credit and Surety.
Recognized for its financial performance and stability, Dubai Insurance holds an “A (Excellent)” Financial Strength Rating from AM Best and an “A” rating from Fitch Ratings. The company also partners with leading international reinsurers to provide comprehensive solutions for both traditional and non-traditional risk management needs.
Over the past 15 years, Dubai Insurance has experienced steady growth in both profits and premiums. Beyond financial success, the company takes pride in its contributions to the community, collaborating closely with government entities to ensure that residents and visitors are adequately protected through insurance. This commitment to societal well-being and its consistent pursuit of excellence are reflected in Dubai Insurance's continued growth and strong ratings year after year.