ADNIC announces first quarter 2019 financial results

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers both for corporates and individuals, today reported its financial results for the first quarter ended 31 March 2019. ADNIC achieved significant gross written premium growth during the first quarter of 2019, with the company performing fairly well in terms of profitability with challenging market conditions. Gross written premiums increased by 42.8% to AED 1.74 billion, compared to AED 1.22 billion for the same period in 2018. ADNIC’s net profit reached AED 52.6 million for the first quarter ended 31 March 2019.

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ADNIC awarded for Excellence in Insurance Digitisation at Finnovex 2019

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has added another coveted recognition to its list of industry awards. ADNIC was recently selected for the top honours in Excellence in Insurance Digitisation at Finnovex Awards 2019. Finnovex Awards are organised by Exibex, a market leader in knowledge-based conferences, managed events and consulting.

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ADNIC Shareholders Approved Cash Dividends of 30%

ADNIC Shareholders Approved Cash Dividends of 30%

ADNIC, one of the leading regional multi-line insurance providers for corporates and individuals, concluded its Annual General Meeting (AGM) on Tuesday March 19, 2019, where the Shareholders have approved the distribution of 30% cash dividends (30 Fils per Share) for the Financial Year ended December 31, 2018. The AGM at The Corniche Hotel in Abu Dhabi was chaired by Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC Board of Directors.

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ADNIC awarded Mohammed bin Rashid Al Maktoum Business Excellence Award

ADNIC awarded Mohammed bin Rashid Al Maktoum Business Excellence Award

Following its exceptional performance in 2018, Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been awarded the prestigious Mohammed bin Rashid Al Maktoum Business Excellence Award. H.H Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group presented the award to Sheikh Mohamed Bin Saif Al Nahyan, Chairman of ADNIC.

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