Category: News/Disclosures

Dubai: National General Insurance Co. PJSC announced that AM Best, the credit rating agency has affirmed their Financial Strength Rating of “A-”(Excellent). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NGI’s strong performance and proven commitment.

Description: National General Insurance Company (P.J.S.C.) “NGI” notes the published press release regarding the deal to sell ENBD shares, 21.53% of the issue Share of NGI to Dubai Investment. The aggregate ownership of Dubai Investment in NGI has reached a total of 29.99% of the issued shared capital of NGI.

Kindly be informed that SCA has decided to postpone the transfer of profits not received by Shareholders to the Authority’s account until the date of December 31, 2021, in order to allow companies to pay the largest possible amount of profits to their shareholders who are entitled to distributions of profits before March 1, 2015, therefore, All companies are required to continue Disbursement of profits to its eligible shareholders and those who applied for it, in accordance with the procedures in force in this regard, and the companies should delivers monthly to the Authority reports on cash profits that are distributed during the month and approved by the CEO or general manager of the company (even in the event that no profits are paid during the month).

Resolutions adopted by the NGI Shareholders at the 20th Annual General Meeting.

Please be informed that the Assembly General Meeting (AGM) scheduled for 25/03/2021 has been postponed over the passing of Sheikh Hamdan Bin Rashid Al Maktoum, and decided to arrange for the meeting on Monday 29/03/2021 at 04:00 PM.

Kindly be informed that SCA has decided to postpone the transfer of profits not received by Shareholders to the Authority’s account until the date of December 31, 2021, in order to allow companies to pay the largest possible amount of profits to their shareholders who are entitled to distributions of profits before March 1, 2015, therefore, All companies are required to continue Disbursement of profits to its eligible shareholders and those who applied for it, in accordance with the procedures in force in this regard, and the companies should delivers monthly to the Authority reports on cash profits that are distributed during the month and approved by the CEO or general manager of the company (even in the

event that no profits are paid during the month).

Commercial Bank of Dubai rolls vaccination program for its staff, their families and its partners

Announcement about unclaimed dividends of local public joint stock companies that are held by the companies before March 1, 2015

 

Announcement about unclaimed dividends of local public joint stock companies that are held by the companies before March 1, 2015

The Board of Directors of National General Insurance Co. P.J.S.C will have a meeting through conference call on Sunday 08th November 2020 at 11:00 A.M to discuss the approval of NGI financial statement for the 3rd Quarter ended on 30th  September 2020