Abu Dhabi-Mubasher: Insurance House said its general meeting held on Tuesday gave the go-ahead for withholding 2015 dividends, according to a bourse statement.
Shareholders also approved 2015 financial statements and the proposed amendments to the articles of association.
The general meeting held on 24 March 2015 had approved freezing 2014 dividends.
The insurer posted net losses of AED 14.3 million ($3.89 million) for 2015, down 31.5% compared with AED 20.8 million ($5.66 million) in 2014.
The stock closed its last trading session on 11 February at AED 0.85, falling 10%. A total of 44,400 shares changed hands at a total value of AED 51,900.
