The company has a track record of strong operating performance as demonstrated by an excellent five-year (2017-2021) weighted average combined ratio and return-on-equity (ROE) of 72.6% and 11.7%, respectively (as calculated by AM Best). In 2021, DIC reported a technical profit of AED 62.1 million, equating to an ROE of 14.0%. The earnings of the WPP have made a material contribution to the company’s technical results since its inception in 2018, aided by the product’s substantial premium growth, low loss ratio and significant inward reinsurance commissions. Furthermore, all other lines of DIC’s business were also profitable in 2021, although the market remained very competitive, with significant pressure on premium rates.