ADNIC Reports Net Profit of AED 143.5 Million for Third Quarter of 2016

  • 10th Nov 2016

Abu Dhabi National Insurance Company (ADNIC) announced today its financial results for the period ended September 30th 2016. The Company reported a net profit of AED 143.5 million for this period, a significant growth over the same period of last year. The Company’s net technical profit contributed AED 76.6 million towards the bottom-line profit.

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ADNIC partners with Mohammed bin Rashid Al Maktoum Foundation to support “Year of Reading”

ADNIC partners with Mohammed bin Rashid Al Maktoum Foundation to support “Year of Reading”

Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading multi-line insurance providers for individuals and corporates, has signed a Memorandum of Understanding (MoU) with the Mohammed bin Rashid Al Maktoum Foundation to support ‘My Family Reads’ initiative and activities that promote reading and disseminate knowledge and culture among the family members.

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ADNIC supports Al Bayt Mitwahid for third consecutive year

Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading multi-line insurance providers for individuals and corporates, today announced its support to Al Bayt Mitwahid Association for the third consecutive year. Al Bayt Mitwahid, which was launched by the employees of the Abu Dhabi Crown Prince Court in 2012, has since become the foremost association of its kind dedicated to community welfare initiatives within the UAE.

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CEO Insights speaks to Mr. Ahmad Idris (2016)


CEO Insights speaks to Ahmad Idris, CEO of Abu Dhabi National Insurance Company (ADNIC), following the announcement of the company's financial results for the first quarter (ended March 31st 2016). ADNIC reported a net profit of AED 39 million for the period, a growth of 670% over the same period of last year. Idris discusses how ADNIC's core values are integral to the way they do business and communicate with stakeholders in order to provide customizable insurance solutions.

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ADNIC reports net profit of AED 39 million for Q1 2016

ADNIC reports net profit of AED 39 million for Q1 2016

Abu Dhabi National Insurance Company (ADNIC) announced on Wednesday its financial results for the first quarter, ended March 31st 2016. The Company reported a net profit of AED 39 million for this period, a growth of 670% over the same period of last year. The Company’s net investment income contributed 22.5 million towards the bottom-line profit whereas the net technical profit contributed AED 16.5 million.

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ADNIC announces full year 2015 unaudited financial results

Abu Dhabi National Insurance Company (ADNIC) announced today its unaudited financial results for the year 2015.Commenting on these results, H.E. Khalifa Mohamed Al-Kindi, Chairman of ADNIC, said: “The Board of Directors acknowledges the strategy put in place by the Executive Management to restore the Company’s traditional levels of profitability, which are supported by ADNIC’s robust liquidity position.”

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ADNIC signs MoU with Schlumberger Group to insure oil and gas Operations

ADNIC signs MoU with Schlumberger Group to insure oil and gas Operations

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has renewed the memorandum of understanding (MoU) with Schlumberger Group, the world’s leading supplier of technology, integrated project management and information solutions to the customers in the oil and gas sector worldwide.

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