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February 28, 2022

ADNIC appoints Charalampos Mylonas to the newly created role of Deputy CEO

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has created the role of Deputy CEO. Charalampos Mylonas (Haris) will assume this newly created role while continuing to serve as EVP - Consumer Lines Underwriting and Reinsurance. In this new role Haris will work closely with the Chief Executive Officer towards meeting the company’s strategic objectives.

May 13, 2022

ADNIC reports first quarter 2022 net profit of AED 84.7 million

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, reported its financial results for the three-month period ended 31 March 2022.

July 04, 2020

Wedding Insurance: preparing for your big day

With the average cost of a wedding in parts of the UAE ranging from AED300,000 to AED500,000 , it is perhaps no surprise that some couples try to cut costs where they can for their big occasion.

June 18, 2020

A simple guide to home insurance for tenants

UAE residents often dismiss insurance as a first line of defence when it comes to protecting their homes – and why wouldn’t they? The UAE is a safe place with some of the lowest rates of crime in the world, while extreme weather conditions are thankfully very rare.

May 03, 2020

ADNIC reports first quarter 2020 net profit of AED 122.6 million

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, reported its financial results for the first quarter ended 31 March 2020 today.

May 01, 2020

Economic diversification in the Middle East: Insurance’s role in supporting growth sectors of the economy

Insurance stimulates the economy by managing the risks which are associated with business activities and enabling businesses to operate in a cost-effective manner. These actions help businesses run successfully, which translate to more jobs and an increase in economic activity.

May 20, 2020

Event Cancellation Insurance: Alright on the night? How to ensure big events hit the high notes

Think about the best nights out in your life and there’s a high chance it involved a big event. Perhaps an outdoor concert in the desert or at a stadium with a big-name artist starring in front of tens of thousands of people.

April 20, 2020

Social responsibility in insurance: contributing to the community

The essence of the insurance industry is about helping people and businesses through times of loss and the unexpected. For insurance professionals, it’s what makes the industry rewarding and meaningful.

April 05, 2020

ADNIC contributes AED 3 million to ‘Together We Are Good’ programme to support the UAE community during fight against COVID-19

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has contributed AED 3 million to Ma’an Abu Dhabi towards the ‘Together We Are Good’ programme to support the UAE community in addressing the impact of COVID-19.

March 17, 2020

ADNIC Shareholders Approved Cash Dividends of 30% at the Annual General Meeting

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, concluded its Annual General Meeting (AGM) today. All items of the agenda were discussed and approved including the distribution of 30% cash dividends, AED 0.30 per share, implying total cash dividends of AED 144.6 million for the financial year ended 31 December 2019.

February 11, 2020

ADNIC announces full year 2019 results

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, reported its financial results for the full year ended 31 December 2019 today.

February 03, 2020

ADNIC receives awards for UAE insurance activities and CSR contribution

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has taken home two industry awards this week in the UAE. ADNIC won the “UAE Insurer” category at the MENA Insurance Awards 2020, and was recognised for its broader contribution with the “Corporate Social Responsibility Award” at the Golden Shield Excellence Awards 2020.

September 08, 2021

The value of preventive care

Prevention is better than cure, so the adage goes. With chronic disease on the rise, the role that preventive healthcare can play in our lives has never been more important. While it is difficult to estimate how many deaths each year are preventable, chronic diseases alone are estimated to be responsible for almost 41 million premature deaths worldwide.

September 02, 2021

Insurance pain points and how to avoid them

Choosing the right insurance plan should simply include selecting the best option in the market for your individual needs. But for many, it can be a complicated or frustrating experience.

October 29, 2019

ADNIC reports 11.1% sequential growth in the third quarter of 2019

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, today announced its financial results for the period ending 30 September 2019. The company reported 11.1% net profit growth during the third quarter of 2019 compared to the same quarter of last year.

August 01, 2019

ADNIC reports 19.1% growth in net profit for second quarter of 2019, year-over-year

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, today announced its financial results for the period ending 30 June 2019. The company reported a net profit of AED 66.0 million for the second quarter of 2019, an increase of 19.1% on the same period in 2018.

November 11, 2019

ADNIC partners with Addenda Technologies to bring fresh innovation to the motor claims recovery process

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has partnered with Addenda Technologies, a blockchain technology start-up and DIFC FinTech Hive member, to bring new innovation to the claims process.

April 12, 2022

How insurtechs can help evolve the UAE industry

The pandemic has accelerated digital transformation in the UAE’s insurance sector, with insurtechs rising to prominence and increasingly collaborating with established players, particularly around customer service innovation. According to Capgemini’s World InsurTech Report, 67% of UAE-based insurers wanted to collaborate with insurtechs in 2020.

October 10, 2021

ADNIC reports full year 2021 net profit of AED 401.8 million

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, reported its financial results for the full year ended 31 December 2021.

December 20, 2021

ADNIC renews longstanding partnership with Al Bayt Mitwahid

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has extended its partnership with Al Bayt Mitwahid Association for a year.