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Adnic posts 9M net profit before tax of $93.25mAbu Dhabi National Insurance Company (Adnic) posted a nine-month (9M) net profit before tax of AED342.5 million ($93.25 million), a 13.5% year on year increase, backed by successful execution of its strategic growth initiatives. More… |
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SNB Capital closes cross-border insurance M&A dealSNB Capital has led the buyside advisory on Abu Dhabi National Insurance Company (ADNIC)’s SR499 million ($133 million) acquisition of 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance Company (ASF). &nb More… |
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Adnic sets up nature-themed escape roomAbu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider, has launched the ‘Escape Climate Change: Mangrove Edition’, a nature themed escape room as part of World Environment Day on June 5. More… |
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Adnic sets up nature-themed escape roomAbu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider, has launched the ‘Escape Climate Change: Mangrove Edition’, a nature themed escape room as part of World Environment Day on June 5. More… |
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Adnic Q1 net profit rises 17.1pc to $27.15mAbu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider, has seen its first-quarter (Q1) net profit rise 17.2% to AED99.7 million ($27.15 million) on strong underwiting and investments. This is compared t More… |
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Adnic appoints Charalampos Mylonas as CEOAbu Dhabi National Insurance Company (Adnic), one of the leading regional multi-line insurance providers for corporates and individuals, has appointed Charalampos Mylonas as the Chief Executive Officer (CEO) of the company. Mylona More… |
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ADNIC reports H1 net profit of $50.88mAbu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, recorded a net profit of AED186.9 million ($50.88 million) for More… |
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Adnic reports 2022 first quarter net profit of $23.06mAbu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider, has posted a first-quarter 2022 net profit of AED84.7 million ($23.06 million) while gross written premiums rose by 20.2% to AED2.28 billion. More… |
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Adnic shareholders approve cash dividends totalling $62mHaving posted 2021 net profit of AED401.8 million ($109.39 million), Abu Dhabi National Insurance Company (Adnic) has approved 40% cash dividends at AED0.40 per share, implying total cash dividends of AED228 million ($62 million). More… |
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Adnic partners with AFZ to offer health insuranceAbu Dhabi National Insurance Company (Adnic), a leading 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. More… |
