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Adnic acquires 51% of Allianz Saudi Arabia stakeAbu 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 Co More… |
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Adnic posts record net profits of $109 million in 2023Announcing its financial results for the full year ended December 31, 2023, Abu Dhabi National Insurance Company (Adnic) posted a record AED 401.2 million ($109 million) net profits, marking a 12.18% increase over the same period in 2022. More… |
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Abu Dhabi National Insurance net profit up 30pcAbu Dhabi National Insurance Company (Adnic) has recorded sustained growth across key metrics in 2020 with its net profit surging 30.5 per cent to hit AED371 million ($101 million), compared to AED284.3 million ($77.3 million) the previous yea More… |
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Adnic Q1 net profit grows over two-fold to $33.2mAbu Dhabi National Insurance Company (Adnic) said it has delivered a solid performance and growth across key financial metrics for the first three months with a net profit of Dh122.6 million ($33.2 million), up 133.1 per cent over last y More… |
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Adnic reports net profit of $77.4m in 2019The Abu Dhabi National Insurance Company (Adnic) has reported its full year financial results for the year ended December 31, 2019, announcing a net profit up 20.7 percent year-on-year to Dh284.3 million ($77.4 million). Gross wri More… |
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Adnic converts mandatory convertible bonds to sharesAbu 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 June 15, 2016 into shares More… |
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Adnic, FAB to launch new UAE digital walletAbu Dhabi National Insurance Company (Adnic) said it has signed a partnership agreement with First Abu Dhabi Bank (FAB) to offer customers new payment options through Payit, the UAE's first fully-featured digital wallet. More… |
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Adnic posts 42.8pc growth in premiums in Q1Abu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, said that its gross written premiums increased by 42.8 per cent to Dh1.74 billion ($473 million) during Q1 2019, compared to Dh1.22 billion in Q1 2018. More… |
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Adnic reports $59.5m net profit for 9 monthsAbu Dhabi National Insurance Company (Adnic), a top multi-line insurance provider, has reported net profit of Dh218.8 million ($59.5 million) for the first nine months of the year, up 22.6 per cent compared with the same period of last year. &nb More… |
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Abu Dhabi insurer Adnic set to buy back 10pc sharesAbu Dhabi National Insurance Company (Adnic) said it has won approval from the UAE's Securities & Commodities Authority (SCA) for repurchasing 10 per cent of its shares. The Abu Dhabi-listed insur More… |
