Signing Ceremonies
27 Jan 2014
Signing Ceremonies
November 13, 2024
ADNIC achieves net profit before tax of AED 342.5 million for the first nine months of 2024
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues to deliver outstanding performance, with a net profit before tax of AED 342.5 million for the first nine months of 2024, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives.
September 24, 2024
Protecting your home from life’s surprises
In the Emirates, life moves fast. With new housing developments sprouting up and families constantly on the go, our homes provide a comforting retreat from the demands of daily life. Whether it’s a place to raise children, gather with friends, or simply kick back and relax after a long day, your home is one of your most valuable assets.
August 12, 2024
The key to stress-free traveling
Every summer, we witness a mass exodus of people across the Emirates. Residents escape the heat, and families take advantage of the school recess period. Summer holidays have become an important time to relax, unwind, and catch up with loved ones around the world.
July 17, 2024
The real value of unemployment insurance
In today's fast-paced and evolving job market, unemployment insurance is an essential safety net. It’s important to see it not just as an expense, but as an investment in protecting yourself against unforeseen circumstances.
May 14, 2024
Car insurance in unpredictable weather conditions
The record-breaking rainfall experienced in the UAE in April 2024 served as a stark reminder of the unpredictable nature of weather patterns and the devastating impact they can have on our lives and property.
May 09, 2024
ADNIC reports net profit of AED 100.9 million for the first quarter of 2024
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered a strong net profit before tax of AED 111.8 million for the first quarter of 2024, underlining the company’s robust financial performance and strategic growth initiatives.
April 18, 2024
ADNIC completes acquisition of 51% Allianz Saudi Arabia stake to drive regional growth strategy
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has completed the strategic acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia.
April 16, 2024
Embracing Demographic Shifts: The Evolution of the Insurance Landscape
Navigating the insurance landscape demands a profound understanding of how shifting demographics shape the industry. Crafting solutions to address the challenges associated with an aging clientele while ensuring cultural relevance is crucial. This adaptability is pivotal for insurers operating in dynamic environments such as the MENA region.
March 26, 2024
ADNIC shareholders approve cash dividends of 45% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 45% cash dividends (AED 0.45 per share, implying total cash dividends of AED 256.5 million) for the financial year ended 31 December 2023, after concluding its Annual General Meeting (AGM) today.
February 15, 2024
ADNIC achieves 2023 full year net profit of AED 401.2 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 2023.
December 25, 2023
How can insurance companies use data to improve customer experience?
Data has become an important part of a company’s day-to-day operations. In the digital age, businesses are rapidly producing and collecting more data than ever before. Forbes estimates that the amount of data created globally is expected to reach 175 zettabytes by 2025.
December 20, 2023
ADNIC reports net profit of AED 301.9 million for the first nine months of 2023
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 nine-month period ended 30 September 2023.
November 15, 2023
The Benefits of Sustainable Insurance Practices
As the world grapples with the impact of climate change and social inequality, sustainable insurance practices are no longer a mere ethical choice but a strategic business necessity. The insurance industry is uniquely positioned to influence and manage risks related to environmental, social, and governance (ESG) issues, paving the way for a more sustainable future for all.
October 03, 2023
The role of insurance in financial planning
When it comes to financial planning, many people focus on saving, investing, and building wealth. While these are undoubtedly vital aspects, they often overshadow the unsung hero of financial planning: insurance. Insurance is more than a safety net; it’s an integral part of your financial foundation, offering protection against unexpected events.
August 30, 2023
How Diversity and Belonging Helps Build Better Workplaces
Diversity is far from being just a business buzzword. Recent research has indicated that workplace diversity has benefits and bankable advantages that make it an imperative that many are prioritizing across every sector and industry. Those transformative qualities include but are not limited to increased productivity, better engagement, and innovation. By fostering an inclusive and diverse workplace, insurance firms can better align with forward-thinking ideas and social responsibility, with a clear vision for the future.
August 16, 2023
ADNIC reports net profit of AED 204.4 million in H1 2023
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 six-month period ended 30 June 2023. For the six-month period ended 30 June 2023, ADNIC recorded a net profit of AED 204.4 million.
July 20, 2023
Mind Over Matter: Mental Health Insurance is more than a safety net, it’s an investment.
Mental health, as significant as physical health, is a cornerstone of overall well-being in our dynamic world. Society is awakening to its importance, and measures to strengthen mental health support, such as mental health insurance, are increasingly valued.
June 14, 2023
ADNIC and AUD sign a Learning and Development Partnership to empower national cadres
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has partnered with the American University in Dubai (AUD) to provide a specialised technical insurance training for UAE national staff.
June 05, 2023
Machine learning: how will AI impact the insurance sector?
The adoption of machine learning and artificial intelligence (AI) has become an essential element in almost all industries, and the insurance industry is no exception. The pandemic has reinforced the use of new technologies, including AI, for a smarter and more efficient future. According to PricewaterhouseCoopers (PwC), AI contribution is expected to grow annually between 20-34% per year across the region, with the UAE experiencing the fastest growth, followed by Saudi Arabia. The insurance sector alone has automated more than half of claims activities, and AI has improved various insurance processes, such as fraud detection and prevention, and routine operations.
May 22, 2023
Shield your small business: Why insurance is essential for success
Small businesses are a cornerstone of any economy, providing jobs, innovation, and growth. However, running a small business can be risky, with many uncertainties that could threaten success. Natural disasters, theft, accidents, and lawsuits are just a few of the risks that small businesses face. That's why insurance is crucial for these businesses.
May 10, 2023
ADNIC reports first quarter 2023 net profit of AED 99.7 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 2023.
March 31, 2023
Corporate insurance for a thriving company
Corporate insurance is an essential investment for any business operating in the region, regardless of its size or industry. The risks of running a business in the region are significant, with factors such as natural disasters and civil unrest posing a constant threat. That's why it's crucial to protect your business with comprehensive corporate insurance coverage.
March 22, 2023
ADNIC shareholders approve cash dividends of 40% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 40% cash dividends (AED 0.40 per share, implying total cash dividends of AED 228 million) for the financial year ended 31 December 2022, after concluding its Annual General Meeting (AGM) today.
February 27, 2023
Innovation in the insurance sector
The UAE insurance market has undergone significant changes over the past few years. With the adoption of cutting-edge technology and advanced operational solutions, the industry has streamlined processes, enhanced customer experience, and offered personalised insurance solutions.
January 31, 2023
The future of insurance in 2023: Key trends to watch
The insurance industry is constantly evolving, and as we move into 2023, there are several key trends that insurers should be aware of. From the impact of climate change to the rapid development of artificial intelligence, the insurance sector is facing new challenges and opportunities that will shape our industry in the coming years. These are some of the most significant changes that will impact the insurance industry in 2023:
December 14, 2022
Five ways ADNIC is preparing for the future
Companies in the UAE and abroad are finding new ways to engage with stakeholders to prepare for a greener and more transparent future. Here are five areas in which ADNIC is working on to adapt to the new expectations of customers and employees, to innovate with purpose and reimagine insurance’s role in the way we live and work and contribute consciously for a better tomorrow:
December 12, 2022
COP27: the role of the insurance sector in mitigating climate change
Climate risk is steadily becoming a reality, and the world, including the Middle East, has been feeling the effects of extreme weather events and their impact on people and the economy. The region has witnessed several recent disasters, and temperatures have rapidly risen, pushing climate action to the top of corporate and government agendas.
November 15, 2022
ADNIC reports net profit of AED 267.6 million for the first nine months of 2022
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 nine-month period ended 30 September 2022.
September 13, 2022
How mega events draw together all facets of the insurance industry
The Gulf is increasingly becoming the home of mega events. This year’s World Cup in Qatar is expected to attract over one million fans from across the globe. Dubai attracted more than twenty million visitors to Expo 2020. Abu Dhabi is home to the annual climax of the Formula 1 calendar, and in 2023, the UAE will host COP28, the global climate change conference.
August 10, 2022
ADNIC reports second quarter 2022 net profit of AED 186.9 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 six-month period ended 30 June 2022. For the six-month period ended 30 June 2022, ADNIC recorded a net profit of AED 186.9 million.
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.
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.
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.
February 11, 2022
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.
December 08, 2021
Agency versus non-agency repairs on your car insurance
When insuring your car or making a claim, you may be given a choice of ‘agency repairs’ in the event of an accident, but with an extra cost attached, or paying a lower premium or excess and having a ‘non-agency’ repair. Whether or not you should pay more or save money comes down to several points, particularly how old your car is, what type of car it is, and how important it is that you keep the highest possible resale value.
November 10, 2021
ADNIC reports AED 333.7 million net profit for the first nine months of 2021
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 nine-month period ended 30 September 2021 today.
November 02, 2021
Renovate versus Rebuild: What does this mean for your home insurance
People across the world are spending more time at home than ever before. As a result, homeowners are considering taking action to completely overhaul where they live. This change can involve significant renovation or possibly entail rebuilding a home from scratch. Whatever decision the homeowner takes, they should be aware that their home insurance will likely be affected.
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.
August 08, 2021
ADNIC’s first half 2021 net profit increases 31.1% to AED 248.7 million
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, today reported its financial results for the first half ended 30 June 2021.
July 08, 2021
ADNIC partners with Ajman Free Zone to provide health insurance scheme
Abu Dhabi National Insurance Company (ADNIC), a leading regional multi-line insurance provider for both corporate and individual customers, has partnered with Ajman Free Zone (AFZ) to provide health insurance plans for registered investors and entities
July 08, 2021
Can I still get life insurance if I’m unemployed
While life insurance can be a sensitive subject to tackle, it is nonetheless worthy of serious consideration.
June 02, 2021
Why Abu Dhabi is well placed to become a thriving global hub for specialist sustainability insurance
Sustainability has become big business in recent years as companies across all industries have begun to fully embed the concept into their operating models.
May 03, 2021
ADNIC reports first quarter 2021 net profit of AED 133.6 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 2021 today
May 02, 2021
Travel insurance: What people need to know about travel insurance during the pandemic
The COVID-19 pandemic has brought travel plans for many to a halt. However, travelling isn’t just about going on a vacation.
April 22, 2021
ADNIC’s credit rating upgraded to ‘A’ with stable outlook by S&P
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced today that its credit rating has been upgraded from ‘A-’ to ‘A’ with a stable outlook by ratings agency Standard & Poor’s (S&P).
April 10, 2021
Announcement Issued by Abu Dhabi National Insurance Company PJSC Regarding the Uncollected Cash Dividends by the Shareholders Reserved by the Company Prior to 1 March 2015
With reference to the directives issued by the Securities and Commodities Authority (SCA) regarding the uncollected cash dividends by the shareholders of the local listed Public Joint Stock Companies which are reserved by the companies prior to the date of 1 March 2015.
April 04, 2021
What is cybersecurity insurance and why might you need it?
From our identity number and contact details to our personal bank account details and social media logins, we store and save so much of our information online in today’s world.
March 22, 2021
ADNIC shareholders approve cash dividends of 35% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 35% cash dividends (AED 0.35 per share, implying total cash dividends of 199.5 million) for the financial year ended 31 December 2020, after concluding its Annual General Meeting (AGM) today.
March 02, 2021
Sustainable Insurance
In an industry that has seen substantial changes in a short period of time, there is one area of insurance that has really come to the foreground–the increasing importance of environmental, social and governance (ESG) considerations to insurers.
February 14, 2021
ADNIC reports full year 2020 Net Profit of AED 371 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 2020 today.
February 07, 2021
How AI will drive the insurance industry to reach new heights
Our industry is not quite at the point of issuing quotes to insure flying cars. However, the acceleration of AI in people’s everyday lives is going to have a profound effect on how the insurance industry adapts to and conducts business in the future.
January 05, 2021
The return of the Olympic Games
“These will be the Games that conquered COVID, the light at the end of the tunnel.”
December 21, 2020
Three business changes resulting from COVID-19 that are here to stay
The business world has been greatly affected by the COVID-19 pandemic which has seen businesses react swiftly to mitigate the effects of the virus.
November 05, 2020
ADNIC reports AED 282.8 million net profit for the first nine months of 2020
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 nine-month period ended 30 September 2020 today.
August 11, 2020
Blockchain and its business application—A breakthrough solution for the motor recovery process
Motor recovery claims between insurance companies can be a tedious procedure that can take up to six months or more depending on the nature of the claim. Making a claim is sometimes a customer’s only direct interaction with an insurer, so ensuring the process is as seamless as possible is crucial.
August 06, 2020
ADNIC reports first half net profit of AED 189.7 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 first half ended 30 June 2020 today.
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 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.
May 17, 2020
Cyber Security: Protection against emerging risks
One of the biggest risks facing individuals and jeopardising businesses in the 21st century is cybercrimes. To tackle this problem insurance companies globally face several challenges, ranging from aging infrastructure to weak network security of the insured.
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.
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.
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.
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.
July 21, 2019
ADNIC recognised as the ‘UAE’s most outstanding in corporate insurance services’ by Corporate LiveWire
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been adjudged 'Most Outstanding in Corporate Insurance Services - UAE' by the prestigious Corporate LiveWire Innovation and Excellence Awards 2019.
July 15, 2019
ADNIC completes conversion of Mandatory Convertible Bonds to shares
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers both for corporates and individuals, has completed the conversion of the Mandatory Convertible Bonds it issued on 15 June 2016 into shares after reaching their three-year term.
April 17, 2019
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.
April 17, 2019
ADNIC launches WhatsApp Business services
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance provider for corporates and individuals, has announced the launch of its ‘verified’ WhatsApp Business service.
April 17, 2019
ADNIC partners with FAB to offer customers new payment options through ‘payit’
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has partnered with FAB to provide customers with a new easy payment option.
March 27, 2019
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.
March 21, 2019
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.
February 27, 2019
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.
February 25, 2019
ADNIC expands its footprint with the launch of two new locations at Tasjeel in Sharjah
The agreement will enhance customer convenience, enabling them to buy automotive and consumer insurance policies at two of Tasjeel’s key locations in Sharjah
February 25, 2019
DGW and ADNIC sign agreement to provide motor fleet insurance
The Dubai Government Workshop (DWG) recently signed a partnership agreement with Abu Dhabi National Insurance Company (ADNIC),
February 14, 2019
ADNIC announces full year 2018 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 full year ended 31 December 2018. ADNIC delivered a strong set of results, with gross written premiums up by 10.1% year-on-year to AED 2.91 billion driven by growth across core lines of business. Net technical profit increased by 22.8% to AED 145.4 million due to strong margins in key portfolios. 2018 net profit increased by 3.7% year-on-year to reach AED 235.6 million.
February 11, 2019
ADNIC awarded ISO 10002:2018 for Complaints Management
Underscoring its exceptional customer service yet again, Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced that it has been awarded the ISO 10002:2018 certificate for complaints management.
October 31, 2018
ADNIC reports AED 218.8 million net profit for the first nine months of 2018
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers both for corporates and individuals, announced its financial results for the first nine months of the year today. ADNIC reported net profit of AED 218.8 million for the period, up 22.6% compared with the same period of last year.
September 16, 2018
ADNIC announces continued support for Al Bayt Mitwahid Association
As part of its support for the ‘Year of Zayed’, Abu Dhabi National Insurance Company (ADNIC), one of the largest and leading regional multi-line insurance providers for corporates and individuals, has announced its continued partnership with Al Bayt Mitwahid Association for 2018 through to 2021.
September 16, 2018
ADNIC strengthens partnership with UAE Genetic Diseases Association to support the prevention of genetic disorders
In the presence of H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Cabinet Member, Minister of Tolerance and President of the UAE Genetic Diseases Association, H.E. Noura Bint Mohammed Al Kaabi, Cabinet Member, Minister of Culture and Knowledhe Development, Mr. Vladimir Ivanovich Voronkov of the Russian Federation, Under Secretary, General of the United Nations Counter, Terrosim Office and Mr. Ahmad Idris, CEO of ADNIC, a new Memorandum of Understanding (MoU) was signed by Mr. Abdulla Al Nuaimi, Executive Vice President – Shared Services at ADNIC and HE Dr. Maryam Matar, Founder and Chairperson of the UAE Genetic Diseases Association.
August 01, 2018
ADNIC reports AED 150.5 million net profit for the first half of 2018
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced its financial results for the first half of 2018 today. ADNIC reported a net profit of AED 150.5 million for the period, up 17.1% year-on-year.
May 03, 2018
ADNIC kicks-off 2018 with AED 95.2 million net profit achieved in the first quarter
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 first quarter of 2018. The Company reported strong first quarter with net profit increased by 28.6% to AED 95.2 million.
March 26, 2018
ADNIC CONGRATULATES UAE NATIONALS UPON COMPLETION OF EMIRATI PROGRAM
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, congratulates the second tranche of UAE Nationals who have graduated from its Emirati program, facilitated by the Emirates Institute of Banking and Financial Studies (EIBFS).
February 14, 2018
ADNIC reports AED 227.3 million net profit for 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 year 2017. The Company reported strong results with its net profit of AED 227.3 million for 2017, representing an increase of 11% over the same period last year.
January 25, 2018
ADNIC Kicks-off the Year of Zayed with a Partnership with the UAE Genetic Diseases Association Research Centre
Abu Dhabi National Insurance Company (ADNIC), today announced its support for the UAE Genetic Diseases Association (UAEGDA), a non-profit organisation that aims to reduce the prevalence and impact of common genetic disorders in the UAE and support the national agenda of healthcare. The Sheikh Zayed Research Centre, under UAEGDA is a fully licensed genetic laboratory supporting screening and research efforts for the six most common genetic disorders in the Arab world.
December 28, 2017
ADNIC Rolls-out social media campaign to celebrate UAE National Day
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, organised its first national social media campaign inviting UAE residents to express their love to the UAE and share photos with the #ADNICLOVEUAE stand that was displayed at the entrance of ADNIC's offices across the UAE.
November 29, 2017
ABU DHABI GLOBAL MARKET PARTNERS ABU DHABI NATIONAL INSURANCE COMPANY TO ENHANCE ABU DHABI’S FINTECH ECOSYSTEM RELATED TO INSURA
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, marked a new partnership with Abu Dhabi National Insurance Company (ADNIC), a leading UAE multi-line insurance provider and one of the leading providers of risk underwriting solutions across the MENA region, to seek opportunities to collaborate and consult on initiatives to promote the growth and development of the insurance-related FinTech ecosystem in Abu Dhabi and the UAE.
November 01, 2017
ADNIC reports AED 178.5 million net profit for third 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 first nine months of 2017. The Company reported a net profit of AED 178.5 million for the period, an increase of 24% over the same period last year.
October 22, 2017
ADNIC International Enters UK Market
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced today its expansion into the UK market with the opening of a representative office in London, under the name ADNIC International Ltd.
September 19, 2017
ADNIC Launches New Innovative Plus Mobile App
• Newly redesigned Plus mobile app introduces new features to make claims and purchase process simpler and quicker for customers • Works on both android and Apple mobile phones • ADNIC is committed to the development of innovative products and services that meet the changing needs of customers
August 14, 2017
ADNIC reports AED 128.5 million net profit for first half 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 first half of 2017. The Company reported a net profit of AED 128.5 million for the period, an increase of 20% in profitability over the same period last year.
July 26, 2017
ADNIC supports Al Bayt Mitwahid for fourth consecutive year
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading regional multi-line insurance providers for corporates and individuals, today announced its support to Al Bayt Mitwahid Association for the fourth consecutive year. Al Bayt Mitwahid Association was launched by the employees of the Abu Dhabi Crown Prince Court in 2012 and it is the foremost non-profit association dedicated to community welfare initiatives within the UAE.
July 17, 2017
ADNIC adjudged Best Insurance Company of the Year at BME Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals has been adjudged as the Best Insurance Company at the Banker Middle East (BME) Awards 2017 held last week in Dubai
June 04, 2017
ADNIC adjudged top performer at Innovation and Excellence Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals has been recognized for innovation in corporate insurance solutions at the Innovation and Excellence Awards 2017.
May 16, 2017
First insurance company to achieve Government Accelerators program target
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has achieved its target for the UAE Government Accelerators program, by employing 10 Emirati talents during the first 100 days of the programme.
May 14, 2017
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.
April 20, 2017
Abu Dhabi National Insurance Company Donates AED4 Million to Sandooq Al Watan
Shaikh Mohamed bin Saif Al Nahyan: We consider it our duty, as companies and businessmen, to support the UAE, and we invite other organisations and individuals to do the same. Lt. Gen. Dhahi Khalfan Tamim: ADNIC is the first insurer in the UAE to contribute to the fund.
February 13, 2017
ADNIC reports AED 205 million net profit based on its preliminary financial results for full-year 2016
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced today its preliminary financial results for full-year 2016. The Company reported a net profit of AED 205 million for this year, a significant turnaround back into strong profit.
February 08, 2017
ADNIC wins Most Innovative Insurer of the Year at MENA IR Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals, has been awarded “Most Innovative Insurer of the Year” at the prestigious MENA IR Awards 2017, in recognition of its product innovation and customer service.
November 10, 2016
ADNIC Reports Net Profit of AED 143.5 Million for Third Quarter of 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.
August 10, 2016
ADNIC reports net profit of AED 107.4 million for first six months of 2016
Abu Dhabi National Insurance Company (ADNIC) announced on Tuesday its financial results for the first six months ended on June 30th 2016. The Company reported a net profit of AED 107.4 million for this period, a significant growth over the same period of last year. The Company’s net technical profit contributed AED 59.9 million towards the bottom-line profit.
June 07, 2016
ADNIC wins Best Insurance Firm at 7th Shiptek International Maritime Awards 2016
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, won the Best Insurance Firm of the Year Award at the 7th Shiptek International Awards 2016, held in Dubai. The Award was received by Abdulla Al Nuaimi, Chief Officer – Shared Services, ADNIC.
May 11, 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.
February 15, 2016
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.”
January 12, 2016
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.
December 30, 2015
ADNIC signs partnership with The Mohammed Bin Rashid Fund for SME Support
Abu Dhabi National Insurance Company (ADNIC) today announced the signing of a partnership with the Mohammed Bin Rashid Fund for SME Support (The Fund) through the provision of insurance to entrepreneurs supported by the fund.
December 01, 2015
ADNIC wins Best Mobile Experience at Customer Festival Awards 2015
Abu Dhabi National Insurance Company (ADNIC), the one of the regional leading multi-line insurance provider for individuals and corporates in the UAE, has won the Best Mobile Experience Award at the Customer Festival Awards 2015.
November 11, 2015
ADNIC Announces Q3, 2015 Financial Results
Abu Dhabi National Insurance Company (ADNIC) announced today its financial results for the third quarter ended September 30th 2015. Commenting on these results, H.E. Khalifa Mohamed Al-Kindi, Chairman of ADNIC, said: “The Board of Directors acknowledges the corrective measures implemented by the Executive Management to restore the Company’s traditional levels of profitability, which are supported by ADNIC’s robust liquidity position.”
November 04, 2015
ADNIC Signs Partnership with Cleveland Clinic Abu Dhabi
Abu Dhabi National Insurance Company (ADNIC) today announced the signing of an official partnership with multispecialty hospital Cleveland Clinic Abu Dhabi. The new agreement provides ADNIC’s Platinum Health Insurance customers access to more than 30 specialties across the hospital’s 12 Institutes, including its five Centers of Excellence: Heart & Vascular, Neurological, Eye, Digestive Disease, and Respiratory & Critical Care.
August 13, 2015
ADNIC Announces Q2, 2015 Financial Results
Abu Dhabi National Insurance Company (ADNIC) announced today its financial results for the second quarter ended June 30th 2015.
July 16, 2015
Abu Dhabi National Insurance Company Re-Launches Health Education Awareness Program
July 15, 2015 - Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading insurance companies, today announced the re-launch of its Health Education Awareness Program (HEAP). HEAP is an educational initiative designed for ADNIC customers, as well as members insured under ADNIC’s Health Plans, to raise awareness about health issues and to equip them with preventive strategies and tools for protecting themselves.
October 20, 2014
ADNIC Expands Customer Choice Through Partnerships with Leading Third Party Administrators
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced its partnership with four Third Party Administrators (TPA’s) to complement its in-house medical insurance claims management services. This initiative will give ADNIC customers a wider choice across UAE and the region.
October 01, 2014
ADNIC Unveils New Branch in Musaffah, Abu Dhabi
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the opening of its latest branch in The Village Mall in Musaffah, Abu Dhabi. The branch will provide a full range of services to customers in the Musaffah area. This branch will become the sixth in ADNIC’s UAE network, along with 9 sales and service centers across the country.
August 27, 2014
ADNIC Ratings Reaffirmed by Leading International Agencies
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the reaffirmation of its financial strength ratings by A.M. Best and Standard and Poor’s (S&P). These agencies have once again given ADNIC an A (Excellent) rating with a stable outlook and an A- rating with a positive outlook, respectively.
August 17, 2014
A.M. Best Affirms Ratings of Abu Dhabi National Insurance Company P.S.C.
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of Abu Dhabi National Insurance Company P.S.C. (ADNIC) (United Arab Emirates). The outlook for both ratings remains stable. The ratings reflect ADNIC's strong risk-adjusted capitalization, established position in the United Arab Emirates (UAE) market, and consistently strong profitability.
August 13, 2014
ADNIC Continues its Growth in the Second Quarter 2014
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the results of its second quarter 2014 with a growth of 8%.
July 23, 2014
ADNIC Announces Appointment of Chief Distribution Officer
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the appointment of Michael Mansour as Chief Distribution Officer. In this role, Mansour will be responsible for overseeing the company’s distribution strategy, including establishing new preferred partnerships and cultivating existing partners related to the broker community, banking institutions and direct customers.
June 25, 2014
ADNIC and Dubai Trade Hosts Cargo Insurance Forum
Dubai Trade, the premier cross-border trade facilitator, and Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, have organized a forum to announce the official launch of Tradeshield for online cargo insurance. Entitled The Importance of Cargo Insurance in Trade and Logistics, the half-day forum held today at the Address Dubai Marina Hotel and saw industry professionals come together to discuss the key issues and developments in the cargo insurance sector, including recent advances in e-commerce in the region. Industry expert, David Phillips the President of the National Association of Freight & Logistics, was also a key host and speaker at the forum.
June 18, 2014
ADNIC Launches Color-Coded Motor Policy Products for Fleet Vehicles
Following the successful launch of color coded motor policy products for individual consumers in March this year, Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the launch of these products for fleet vehicles.
May 14, 2014
ADNIC Reports Solid Profits and Strong Growth for First Quarter 2014
ADNIC has embarked Year 2014 with profitable growth both in revenue and underwriting income driven by a renewed commitment to deliver sustainable profitability. We are pleased to share with you a summary of our financial results for the period ended 31 March 2014.
April 22, 2014
ADNIC’s Annual General Meeting Approves 50% Cash Dividend for 2013
Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long standing expertise in providing insurance products to individuals and corporates, today announced results of its 41st Annual General Assembly Meeting (AGM), held at the Millennium Hotel in Abu Dhabi. The Annual General Assembly of ADNIC, presided by His Excellency Khalifa Al Kindi, Chairman of ADNIC’s Board of Directors, passed the following resolutions
April 17, 2014
ADNIC and ADCB Commemorate Cash Management Partnership at Eurofinance Conference
Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long-standing expertise in providing reassurance and support to individuals and corporates, recently commemorated their partnership in Cash Management, built over the last several years. Senior representatives from ADNIC and ADCB attended an event on the first day of the Eurofinance Conference to celebrate the growing Cash Management partnership between the two Abu Dhabi-based companies. The implementation of a new Cash Management mandate further reaffirms ADNIC’s commitment to adopt modern technology for the benefit of its customers.
March 20, 2014
ADNIC Net Profit Up 25% at Dhs181 million
Abu Dhabi National Insurance Company’s (ADNIC) net profit for the year 2013 reached Dhs 181 million as compared to Dhs 145 million in 2012 with a growth of 25 per cent.
March 17, 2014
Motor Color Coded Product Launch
Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long standing expertise in providing reassurance and support to individuals and corporates, today launched a new suite of customer friendly motor insurance products. The new color coded products are designed to offer greater flexibility to customers, allowing customers the opportunity to select the type of cover that meets their specific needs. Simply put, customers pay for the coverage they want.
December 15, 2013
Absher Initiative
ADNIC is fully committed to Emiratization and to other contributions into the UAE economy. As part of these efforts, it has become a proud participant of Absher, which is an initiative launched by the Ministry of Presidential Affairs, under the guidance of H.H Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE for the benefit of UAE nationals who work in the private sector.
December 08, 2013
Al Bayt Mitwahid
An initiative and a campaign that was launched by Abu Dhabi Crown Prince Court employees to celebrate the unity of the nation and to promote the nation's solidarity across UAE's communities.
June 08, 2013
ADNIC Announces Financial Results for Q2 2013
Financial Statements and the Management's Discussion and Analysis of Q2, 2013 are now published on www.adnic.ae
September 24, 2024
Protecting your home from life’s surprises
In the Emirates, life moves fast. With new housing developments sprouting up and families constantly on the go, our homes provide a comforting retreat from the demands of daily life. Whether it’s a place to raise children, gather with friends, or simply kick back and relax after a long day, your home is one of your most valuable assets.
August 12, 2024
The key to stress-free traveling
Every summer, we witness a mass exodus of people across the Emirates. Residents escape the heat, and families take advantage of the school recess period. Summer holidays have become an important time to relax, unwind, and catch up with loved ones around the world.
July 17, 2024
The real value of unemployment insurance
In today's fast-paced and evolving job market, unemployment insurance is an essential safety net. It’s important to see it not just as an expense, but as an investment in protecting yourself against unforeseen circumstances.
May 14, 2024
Car insurance in unpredictable weather conditions
The record-breaking rainfall experienced in the UAE in April 2024 served as a stark reminder of the unpredictable nature of weather patterns and the devastating impact they can have on our lives and property.
April 16, 2024
Embracing Demographic Shifts: The Evolution of the Insurance Landscape
Navigating the insurance landscape demands a profound understanding of how shifting demographics shape the industry. Crafting solutions to address the challenges associated with an aging clientele while ensuring cultural relevance is crucial. This adaptability is pivotal for insurers operating in dynamic environments such as the MENA region.
December 25, 2023
How can insurance companies use data to improve customer experience?
Data has become an important part of a company’s day-to-day operations. In the digital age, businesses are rapidly producing and collecting more data than ever before. Forbes estimates that the amount of data created globally is expected to reach 175 zettabytes by 2025.
November 15, 2023
The Benefits of Sustainable Insurance Practices
As the world grapples with the impact of climate change and social inequality, sustainable insurance practices are no longer a mere ethical choice but a strategic business necessity. The insurance industry is uniquely positioned to influence and manage risks related to environmental, social, and governance (ESG) issues, paving the way for a more sustainable future for all.
October 03, 2023
The role of insurance in financial planning
When it comes to financial planning, many people focus on saving, investing, and building wealth. While these are undoubtedly vital aspects, they often overshadow the unsung hero of financial planning: insurance. Insurance is more than a safety net; it’s an integral part of your financial foundation, offering protection against unexpected events.
August 30, 2023
How Diversity and Belonging Helps Build Better Workplaces
Diversity is far from being just a business buzzword. Recent research has indicated that workplace diversity has benefits and bankable advantages that make it an imperative that many are prioritizing across every sector and industry. Those transformative qualities include but are not limited to increased productivity, better engagement, and innovation. By fostering an inclusive and diverse workplace, insurance firms can better align with forward-thinking ideas and social responsibility, with a clear vision for the future.
July 20, 2023
Mind Over Matter: Mental Health Insurance is more than a safety net, it’s an investment.
Mental health, as significant as physical health, is a cornerstone of overall well-being in our dynamic world. Society is awakening to its importance, and measures to strengthen mental health support, such as mental health insurance, are increasingly valued.
June 05, 2023
Machine learning: how will AI impact the insurance sector?
The adoption of machine learning and artificial intelligence (AI) has become an essential element in almost all industries, and the insurance industry is no exception. The pandemic has reinforced the use of new technologies, including AI, for a smarter and more efficient future. According to PricewaterhouseCoopers (PwC), AI contribution is expected to grow annually between 20-34% per year across the region, with the UAE experiencing the fastest growth, followed by Saudi Arabia. The insurance sector alone has automated more than half of claims activities, and AI has improved various insurance processes, such as fraud detection and prevention, and routine operations.
May 22, 2023
Shield your small business: Why insurance is essential for success
Small businesses are a cornerstone of any economy, providing jobs, innovation, and growth. However, running a small business can be risky, with many uncertainties that could threaten success. Natural disasters, theft, accidents, and lawsuits are just a few of the risks that small businesses face. That's why insurance is crucial for these businesses.
March 31, 2023
Corporate insurance for a thriving company
Corporate insurance is an essential investment for any business operating in the region, regardless of its size or industry. The risks of running a business in the region are significant, with factors such as natural disasters and civil unrest posing a constant threat. That's why it's crucial to protect your business with comprehensive corporate insurance coverage.
February 27, 2023
Innovation in the insurance sector
The UAE insurance market has undergone significant changes over the past few years. With the adoption of cutting-edge technology and advanced operational solutions, the industry has streamlined processes, enhanced customer experience, and offered personalised insurance solutions.
January 31, 2023
The future of insurance in 2023: Key trends to watch
The insurance industry is constantly evolving, and as we move into 2023, there are several key trends that insurers should be aware of. From the impact of climate change to the rapid development of artificial intelligence, the insurance sector is facing new challenges and opportunities that will shape our industry in the coming years. These are some of the most significant changes that will impact the insurance industry in 2023:
December 14, 2022
Five ways ADNIC is preparing for the future
Companies in the UAE and abroad are finding new ways to engage with stakeholders to prepare for a greener and more transparent future. Here are five areas in which ADNIC is working on to adapt to the new expectations of customers and employees, to innovate with purpose and reimagine insurance’s role in the way we live and work and contribute consciously for a better tomorrow:
December 12, 2022
COP27: the role of the insurance sector in mitigating climate change
Climate risk is steadily becoming a reality, and the world, including the Middle East, has been feeling the effects of extreme weather events and their impact on people and the economy. The region has witnessed several recent disasters, and temperatures have rapidly risen, pushing climate action to the top of corporate and government agendas.
September 13, 2022
How mega events draw together all facets of the insurance industry
The Gulf is increasingly becoming the home of mega events. This year’s World Cup in Qatar is expected to attract over one million fans from across the globe. Dubai attracted more than twenty million visitors to Expo 2020. Abu Dhabi is home to the annual climax of the Formula 1 calendar, and in 2023, the UAE will host COP28, the global climate change conference.
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.
December 08, 2021
Agency versus non-agency repairs on your car insurance
When insuring your car or making a claim, you may be given a choice of ‘agency repairs’ in the event of an accident, but with an extra cost attached, or paying a lower premium or excess and having a ‘non-agency’ repair. Whether or not you should pay more or save money comes down to several points, particularly how old your car is, what type of car it is, and how important it is that you keep the highest possible resale value.
November 02, 2021
Renovate versus Rebuild: What does this mean for your home insurance
People across the world are spending more time at home than ever before. As a result, homeowners are considering taking action to completely overhaul where they live. This change can involve significant renovation or possibly entail rebuilding a home from scratch. Whatever decision the homeowner takes, they should be aware that their home insurance will likely be affected.
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.
July 08, 2021
Can I still get life insurance if I’m unemployed
While life insurance can be a sensitive subject to tackle, it is nonetheless worthy of serious consideration.
June 02, 2021
Why Abu Dhabi is well placed to become a thriving global hub for specialist sustainability insurance
Sustainability has become big business in recent years as companies across all industries have begun to fully embed the concept into their operating models.
May 02, 2021
Travel insurance: What people need to know about travel insurance during the pandemic
The COVID-19 pandemic has brought travel plans for many to a halt. However, travelling isn’t just about going on a vacation.
April 04, 2021
What is cybersecurity insurance and why might you need it?
From our identity number and contact details to our personal bank account details and social media logins, we store and save so much of our information online in today’s world.
March 02, 2021
Sustainable Insurance
In an industry that has seen substantial changes in a short period of time, there is one area of insurance that has really come to the foreground–the increasing importance of environmental, social and governance (ESG) considerations to insurers.
February 07, 2021
How AI will drive the insurance industry to reach new heights
Our industry is not quite at the point of issuing quotes to insure flying cars. However, the acceleration of AI in people’s everyday lives is going to have a profound effect on how the insurance industry adapts to and conducts business in the future.
January 05, 2021
The return of the Olympic Games
“These will be the Games that conquered COVID, the light at the end of the tunnel.”
December 21, 2020
Three business changes resulting from COVID-19 that are here to stay
The business world has been greatly affected by the COVID-19 pandemic which has seen businesses react swiftly to mitigate the effects of the virus.
August 11, 2020
Blockchain and its business application—A breakthrough solution for the motor recovery process
Motor recovery claims between insurance companies can be a tedious procedure that can take up to six months or more depending on the nature of the claim. Making a claim is sometimes a customer’s only direct interaction with an insurer, so ensuring the process is as seamless as possible is crucial.
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 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.
May 17, 2020
Cyber Security: Protection against emerging risks
One of the biggest risks facing individuals and jeopardising businesses in the 21st century is cybercrimes. To tackle this problem insurance companies globally face several challenges, ranging from aging infrastructure to weak network security of the insured.
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.
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.
November 13, 2024
ADNIC achieves net profit before tax of AED 342.5 million for the first nine months of 2024
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, continues to deliver outstanding performance, with a net profit before tax of AED 342.5 million for the first nine months of 2024, highlighting the company’s solid financial performance and successful execution of key strategic growth initiatives.
May 09, 2024
ADNIC reports net profit of AED 100.9 million for the first quarter of 2024
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered a strong net profit before tax of AED 111.8 million for the first quarter of 2024, underlining the company’s robust financial performance and strategic growth initiatives.
April 18, 2024
ADNIC completes acquisition of 51% Allianz Saudi Arabia stake to drive regional growth strategy
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has completed the strategic acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia.
March 26, 2024
ADNIC shareholders approve cash dividends of 45% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 45% cash dividends (AED 0.45 per share, implying total cash dividends of AED 256.5 million) for the financial year ended 31 December 2023, after concluding its Annual General Meeting (AGM) today.
February 15, 2024
ADNIC achieves 2023 full year net profit of AED 401.2 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 2023.
December 20, 2023
ADNIC reports net profit of AED 301.9 million for the first nine months of 2023
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 nine-month period ended 30 September 2023.
August 16, 2023
ADNIC reports net profit of AED 204.4 million in H1 2023
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 six-month period ended 30 June 2023. For the six-month period ended 30 June 2023, ADNIC recorded a net profit of AED 204.4 million.
June 14, 2023
ADNIC and AUD sign a Learning and Development Partnership to empower national cadres
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has partnered with the American University in Dubai (AUD) to provide a specialised technical insurance training for UAE national staff.
May 10, 2023
ADNIC reports first quarter 2023 net profit of AED 99.7 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 2023.
March 22, 2023
ADNIC shareholders approve cash dividends of 40% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 40% cash dividends (AED 0.40 per share, implying total cash dividends of AED 228 million) for the financial year ended 31 December 2022, after concluding its Annual General Meeting (AGM) today.
November 15, 2022
ADNIC reports net profit of AED 267.6 million for the first nine months of 2022
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 nine-month period ended 30 September 2022.
August 10, 2022
ADNIC reports second quarter 2022 net profit of AED 186.9 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 six-month period ended 30 June 2022. For the six-month period ended 30 June 2022, ADNIC recorded a net profit of AED 186.9 million.
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.
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.
February 11, 2022
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.
November 10, 2021
ADNIC reports AED 333.7 million net profit for the first nine months of 2021
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 nine-month period ended 30 September 2021 today.
August 08, 2021
ADNIC’s first half 2021 net profit increases 31.1% to AED 248.7 million
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, today reported its financial results for the first half ended 30 June 2021.
July 08, 2021
ADNIC partners with Ajman Free Zone to provide health insurance scheme
Abu Dhabi National Insurance Company (ADNIC), a leading regional multi-line insurance provider for both corporate and individual customers, has partnered with Ajman Free Zone (AFZ) to provide health insurance plans for registered investors and entities
May 03, 2021
ADNIC reports first quarter 2021 net profit of AED 133.6 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 2021 today
April 22, 2021
ADNIC’s credit rating upgraded to ‘A’ with stable outlook by S&P
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced today that its credit rating has been upgraded from ‘A-’ to ‘A’ with a stable outlook by ratings agency Standard & Poor’s (S&P).
April 10, 2021
Announcement Issued by Abu Dhabi National Insurance Company PJSC Regarding the Uncollected Cash Dividends by the Shareholders Reserved by the Company Prior to 1 March 2015
With reference to the directives issued by the Securities and Commodities Authority (SCA) regarding the uncollected cash dividends by the shareholders of the local listed Public Joint Stock Companies which are reserved by the companies prior to the date of 1 March 2015.
March 22, 2021
ADNIC shareholders approve cash dividends of 35% at the Annual General Meeting
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 35% cash dividends (AED 0.35 per share, implying total cash dividends of 199.5 million) for the financial year ended 31 December 2020, after concluding its Annual General Meeting (AGM) today.
February 14, 2021
ADNIC reports full year 2020 Net Profit of AED 371 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 2020 today.
November 05, 2020
ADNIC reports AED 282.8 million net profit for the first nine months of 2020
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 nine-month period ended 30 September 2020 today.
August 06, 2020
ADNIC reports first half net profit of AED 189.7 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 first half ended 30 June 2020 today.
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.
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.
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.
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.
July 21, 2019
ADNIC recognised as the ‘UAE’s most outstanding in corporate insurance services’ by Corporate LiveWire
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been adjudged 'Most Outstanding in Corporate Insurance Services - UAE' by the prestigious Corporate LiveWire Innovation and Excellence Awards 2019.
July 15, 2019
ADNIC completes conversion of Mandatory Convertible Bonds to shares
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers both for corporates and individuals, has completed the conversion of the Mandatory Convertible Bonds it issued on 15 June 2016 into shares after reaching their three-year term.
April 17, 2019
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.
April 17, 2019
ADNIC launches WhatsApp Business services
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance provider for corporates and individuals, has announced the launch of its ‘verified’ WhatsApp Business service.
April 17, 2019
ADNIC partners with FAB to offer customers new payment options through ‘payit’
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has partnered with FAB to provide customers with a new easy payment option.
March 27, 2019
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.
March 21, 2019
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.
February 27, 2019
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.
February 25, 2019
ADNIC expands its footprint with the launch of two new locations at Tasjeel in Sharjah
The agreement will enhance customer convenience, enabling them to buy automotive and consumer insurance policies at two of Tasjeel’s key locations in Sharjah
February 25, 2019
DGW and ADNIC sign agreement to provide motor fleet insurance
The Dubai Government Workshop (DWG) recently signed a partnership agreement with Abu Dhabi National Insurance Company (ADNIC),
February 14, 2019
ADNIC announces full year 2018 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 full year ended 31 December 2018. ADNIC delivered a strong set of results, with gross written premiums up by 10.1% year-on-year to AED 2.91 billion driven by growth across core lines of business. Net technical profit increased by 22.8% to AED 145.4 million due to strong margins in key portfolios. 2018 net profit increased by 3.7% year-on-year to reach AED 235.6 million.
February 11, 2019
ADNIC awarded ISO 10002:2018 for Complaints Management
Underscoring its exceptional customer service yet again, Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced that it has been awarded the ISO 10002:2018 certificate for complaints management.
October 31, 2018
ADNIC reports AED 218.8 million net profit for the first nine months of 2018
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers both for corporates and individuals, announced its financial results for the first nine months of the year today. ADNIC reported net profit of AED 218.8 million for the period, up 22.6% compared with the same period of last year.
September 16, 2018
ADNIC announces continued support for Al Bayt Mitwahid Association
As part of its support for the ‘Year of Zayed’, Abu Dhabi National Insurance Company (ADNIC), one of the largest and leading regional multi-line insurance providers for corporates and individuals, has announced its continued partnership with Al Bayt Mitwahid Association for 2018 through to 2021.
September 16, 2018
ADNIC strengthens partnership with UAE Genetic Diseases Association to support the prevention of genetic disorders
In the presence of H.E. Sheikh Nahyan Bin Mubarak Al Nahyan, Cabinet Member, Minister of Tolerance and President of the UAE Genetic Diseases Association, H.E. Noura Bint Mohammed Al Kaabi, Cabinet Member, Minister of Culture and Knowledhe Development, Mr. Vladimir Ivanovich Voronkov of the Russian Federation, Under Secretary, General of the United Nations Counter, Terrosim Office and Mr. Ahmad Idris, CEO of ADNIC, a new Memorandum of Understanding (MoU) was signed by Mr. Abdulla Al Nuaimi, Executive Vice President – Shared Services at ADNIC and HE Dr. Maryam Matar, Founder and Chairperson of the UAE Genetic Diseases Association.
August 01, 2018
ADNIC reports AED 150.5 million net profit for the first half of 2018
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced its financial results for the first half of 2018 today. ADNIC reported a net profit of AED 150.5 million for the period, up 17.1% year-on-year.
May 03, 2018
ADNIC kicks-off 2018 with AED 95.2 million net profit achieved in the first quarter
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 first quarter of 2018. The Company reported strong first quarter with net profit increased by 28.6% to AED 95.2 million.
March 26, 2018
ADNIC CONGRATULATES UAE NATIONALS UPON COMPLETION OF EMIRATI PROGRAM
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, congratulates the second tranche of UAE Nationals who have graduated from its Emirati program, facilitated by the Emirates Institute of Banking and Financial Studies (EIBFS).
February 14, 2018
ADNIC reports AED 227.3 million net profit for 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 year 2017. The Company reported strong results with its net profit of AED 227.3 million for 2017, representing an increase of 11% over the same period last year.
January 25, 2018
ADNIC Kicks-off the Year of Zayed with a Partnership with the UAE Genetic Diseases Association Research Centre
Abu Dhabi National Insurance Company (ADNIC), today announced its support for the UAE Genetic Diseases Association (UAEGDA), a non-profit organisation that aims to reduce the prevalence and impact of common genetic disorders in the UAE and support the national agenda of healthcare. The Sheikh Zayed Research Centre, under UAEGDA is a fully licensed genetic laboratory supporting screening and research efforts for the six most common genetic disorders in the Arab world.
December 28, 2017
ADNIC Rolls-out social media campaign to celebrate UAE National Day
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, organised its first national social media campaign inviting UAE residents to express their love to the UAE and share photos with the #ADNICLOVEUAE stand that was displayed at the entrance of ADNIC's offices across the UAE.
November 29, 2017
ABU DHABI GLOBAL MARKET PARTNERS ABU DHABI NATIONAL INSURANCE COMPANY TO ENHANCE ABU DHABI’S FINTECH ECOSYSTEM RELATED TO INSURA
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, marked a new partnership with Abu Dhabi National Insurance Company (ADNIC), a leading UAE multi-line insurance provider and one of the leading providers of risk underwriting solutions across the MENA region, to seek opportunities to collaborate and consult on initiatives to promote the growth and development of the insurance-related FinTech ecosystem in Abu Dhabi and the UAE.
November 01, 2017
ADNIC reports AED 178.5 million net profit for third 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 first nine months of 2017. The Company reported a net profit of AED 178.5 million for the period, an increase of 24% over the same period last year.
October 22, 2017
ADNIC International Enters UK Market
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced today its expansion into the UK market with the opening of a representative office in London, under the name ADNIC International Ltd.
September 19, 2017
ADNIC Launches New Innovative Plus Mobile App
• Newly redesigned Plus mobile app introduces new features to make claims and purchase process simpler and quicker for customers • Works on both android and Apple mobile phones • ADNIC is committed to the development of innovative products and services that meet the changing needs of customers
August 14, 2017
ADNIC reports AED 128.5 million net profit for first half 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 first half of 2017. The Company reported a net profit of AED 128.5 million for the period, an increase of 20% in profitability over the same period last year.
July 26, 2017
ADNIC supports Al Bayt Mitwahid for fourth consecutive year
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading regional multi-line insurance providers for corporates and individuals, today announced its support to Al Bayt Mitwahid Association for the fourth consecutive year. Al Bayt Mitwahid Association was launched by the employees of the Abu Dhabi Crown Prince Court in 2012 and it is the foremost non-profit association dedicated to community welfare initiatives within the UAE.
July 17, 2017
ADNIC adjudged Best Insurance Company of the Year at BME Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals has been adjudged as the Best Insurance Company at the Banker Middle East (BME) Awards 2017 held last week in Dubai
June 04, 2017
ADNIC adjudged top performer at Innovation and Excellence Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals has been recognized for innovation in corporate insurance solutions at the Innovation and Excellence Awards 2017.
May 16, 2017
First insurance company to achieve Government Accelerators program target
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has achieved its target for the UAE Government Accelerators program, by employing 10 Emirati talents during the first 100 days of the programme.
May 14, 2017
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.
April 20, 2017
Abu Dhabi National Insurance Company Donates AED4 Million to Sandooq Al Watan
Shaikh Mohamed bin Saif Al Nahyan: We consider it our duty, as companies and businessmen, to support the UAE, and we invite other organisations and individuals to do the same. Lt. Gen. Dhahi Khalfan Tamim: ADNIC is the first insurer in the UAE to contribute to the fund.
February 13, 2017
ADNIC reports AED 205 million net profit based on its preliminary financial results for full-year 2016
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced today its preliminary financial results for full-year 2016. The Company reported a net profit of AED 205 million for this year, a significant turnaround back into strong profit.
February 08, 2017
ADNIC wins Most Innovative Insurer of the Year at MENA IR Awards 2017
Abu Dhabi National Insurance Company (ADINC), one of the leading regional multi-line insurance providers for corporates and individuals, has been awarded “Most Innovative Insurer of the Year” at the prestigious MENA IR Awards 2017, in recognition of its product innovation and customer service.
November 10, 2016
ADNIC Reports Net Profit of AED 143.5 Million for Third Quarter of 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.
August 10, 2016
ADNIC reports net profit of AED 107.4 million for first six months of 2016
Abu Dhabi National Insurance Company (ADNIC) announced on Tuesday its financial results for the first six months ended on June 30th 2016. The Company reported a net profit of AED 107.4 million for this period, a significant growth over the same period of last year. The Company’s net technical profit contributed AED 59.9 million towards the bottom-line profit.
June 07, 2016
ADNIC wins Best Insurance Firm at 7th Shiptek International Maritime Awards 2016
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, won the Best Insurance Firm of the Year Award at the 7th Shiptek International Awards 2016, held in Dubai. The Award was received by Abdulla Al Nuaimi, Chief Officer – Shared Services, ADNIC.
May 11, 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.
February 15, 2016
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.”
January 12, 2016
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.
December 30, 2015
ADNIC signs partnership with The Mohammed Bin Rashid Fund for SME Support
Abu Dhabi National Insurance Company (ADNIC) today announced the signing of a partnership with the Mohammed Bin Rashid Fund for SME Support (The Fund) through the provision of insurance to entrepreneurs supported by the fund.
December 01, 2015
ADNIC wins Best Mobile Experience at Customer Festival Awards 2015
Abu Dhabi National Insurance Company (ADNIC), the one of the regional leading multi-line insurance provider for individuals and corporates in the UAE, has won the Best Mobile Experience Award at the Customer Festival Awards 2015.
November 11, 2015
ADNIC Announces Q3, 2015 Financial Results
Abu Dhabi National Insurance Company (ADNIC) announced today its financial results for the third quarter ended September 30th 2015. Commenting on these results, H.E. Khalifa Mohamed Al-Kindi, Chairman of ADNIC, said: “The Board of Directors acknowledges the corrective measures implemented by the Executive Management to restore the Company’s traditional levels of profitability, which are supported by ADNIC’s robust liquidity position.”
November 04, 2015
ADNIC Signs Partnership with Cleveland Clinic Abu Dhabi
Abu Dhabi National Insurance Company (ADNIC) today announced the signing of an official partnership with multispecialty hospital Cleveland Clinic Abu Dhabi. The new agreement provides ADNIC’s Platinum Health Insurance customers access to more than 30 specialties across the hospital’s 12 Institutes, including its five Centers of Excellence: Heart & Vascular, Neurological, Eye, Digestive Disease, and Respiratory & Critical Care.
August 13, 2015
ADNIC Announces Q2, 2015 Financial Results
Abu Dhabi National Insurance Company (ADNIC) announced today its financial results for the second quarter ended June 30th 2015.
July 16, 2015
Abu Dhabi National Insurance Company Re-Launches Health Education Awareness Program
July 15, 2015 - Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading insurance companies, today announced the re-launch of its Health Education Awareness Program (HEAP). HEAP is an educational initiative designed for ADNIC customers, as well as members insured under ADNIC’s Health Plans, to raise awareness about health issues and to equip them with preventive strategies and tools for protecting themselves.
October 20, 2014
ADNIC Expands Customer Choice Through Partnerships with Leading Third Party Administrators
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced its partnership with four Third Party Administrators (TPA’s) to complement its in-house medical insurance claims management services. This initiative will give ADNIC customers a wider choice across UAE and the region.
October 01, 2014
ADNIC Unveils New Branch in Musaffah, Abu Dhabi
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the opening of its latest branch in The Village Mall in Musaffah, Abu Dhabi. The branch will provide a full range of services to customers in the Musaffah area. This branch will become the sixth in ADNIC’s UAE network, along with 9 sales and service centers across the country.
August 27, 2014
ADNIC Ratings Reaffirmed by Leading International Agencies
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the reaffirmation of its financial strength ratings by A.M. Best and Standard and Poor’s (S&P). These agencies have once again given ADNIC an A (Excellent) rating with a stable outlook and an A- rating with a positive outlook, respectively.
August 17, 2014
A.M. Best Affirms Ratings of Abu Dhabi National Insurance Company P.S.C.
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of Abu Dhabi National Insurance Company P.S.C. (ADNIC) (United Arab Emirates). The outlook for both ratings remains stable. The ratings reflect ADNIC's strong risk-adjusted capitalization, established position in the United Arab Emirates (UAE) market, and consistently strong profitability.
August 13, 2014
ADNIC Continues its Growth in the Second Quarter 2014
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the results of its second quarter 2014 with a growth of 8%.
July 23, 2014
ADNIC Announces Appointment of Chief Distribution Officer
Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the appointment of Michael Mansour as Chief Distribution Officer. In this role, Mansour will be responsible for overseeing the company’s distribution strategy, including establishing new preferred partnerships and cultivating existing partners related to the broker community, banking institutions and direct customers.
June 25, 2014
ADNIC and Dubai Trade Hosts Cargo Insurance Forum
Dubai Trade, the premier cross-border trade facilitator, and Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, have organized a forum to announce the official launch of Tradeshield for online cargo insurance. Entitled The Importance of Cargo Insurance in Trade and Logistics, the half-day forum held today at the Address Dubai Marina Hotel and saw industry professionals come together to discuss the key issues and developments in the cargo insurance sector, including recent advances in e-commerce in the region. Industry expert, David Phillips the President of the National Association of Freight & Logistics, was also a key host and speaker at the forum.
June 18, 2014
ADNIC Launches Color-Coded Motor Policy Products for Fleet Vehicles
Following the successful launch of color coded motor policy products for individual consumers in March this year, Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading providers of insurance solutions for individuals and corporates, today announced the launch of these products for fleet vehicles.
May 14, 2014
ADNIC Reports Solid Profits and Strong Growth for First Quarter 2014
ADNIC has embarked Year 2014 with profitable growth both in revenue and underwriting income driven by a renewed commitment to deliver sustainable profitability. We are pleased to share with you a summary of our financial results for the period ended 31 March 2014.
April 22, 2014
ADNIC’s Annual General Meeting Approves 50% Cash Dividend for 2013
Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long standing expertise in providing insurance products to individuals and corporates, today announced results of its 41st Annual General Assembly Meeting (AGM), held at the Millennium Hotel in Abu Dhabi. The Annual General Assembly of ADNIC, presided by His Excellency Khalifa Al Kindi, Chairman of ADNIC’s Board of Directors, passed the following resolutions
April 17, 2014
ADNIC and ADCB Commemorate Cash Management Partnership at Eurofinance Conference
Abu Dhabi Commercial Bank (ADCB) and Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long-standing expertise in providing reassurance and support to individuals and corporates, recently commemorated their partnership in Cash Management, built over the last several years. Senior representatives from ADNIC and ADCB attended an event on the first day of the Eurofinance Conference to celebrate the growing Cash Management partnership between the two Abu Dhabi-based companies. The implementation of a new Cash Management mandate further reaffirms ADNIC’s commitment to adopt modern technology for the benefit of its customers.
March 20, 2014
ADNIC Net Profit Up 25% at Dhs181 million
Abu Dhabi National Insurance Company’s (ADNIC) net profit for the year 2013 reached Dhs 181 million as compared to Dhs 145 million in 2012 with a growth of 25 per cent.
March 17, 2014
Motor Color Coded Product Launch
Abu Dhabi National Insurance Company (ADNIC), the trusted insurance partner with long standing expertise in providing reassurance and support to individuals and corporates, today launched a new suite of customer friendly motor insurance products. The new color coded products are designed to offer greater flexibility to customers, allowing customers the opportunity to select the type of cover that meets their specific needs. Simply put, customers pay for the coverage they want.
December 15, 2013
Absher Initiative
ADNIC is fully committed to Emiratization and to other contributions into the UAE economy. As part of these efforts, it has become a proud participant of Absher, which is an initiative launched by the Ministry of Presidential Affairs, under the guidance of H.H Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE for the benefit of UAE nationals who work in the private sector.
December 08, 2013
Al Bayt Mitwahid
An initiative and a campaign that was launched by Abu Dhabi Crown Prince Court employees to celebrate the unity of the nation and to promote the nation's solidarity across UAE's communities.
June 08, 2013
ADNIC Announces Financial Results for Q2 2013
Financial Statements and the Management's Discussion and Analysis of Q2, 2013 are now published on www.adnic.ae
