ADNIC reports AED 74 million net profit for first quarter of 2017

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced today its financial results for the three-month period ending March 31st, 2017. The Company reported a net profit of AED 74 million for the period, an increase of 90% in profitability over the same period last year.

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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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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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