Abu Dhabi National Insurance Co PJSC (ADNIC)

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) has completed the acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company, according to a press release. The transaction will enable ADNIC to become one of …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) approved the distribution of AED 256.50 million as cash dividends for 2023, according to a press release. Following the annual general meeting, the company is set to pay AED 0.45 …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) increased by 12.18% to AED 401.20 million in 2023 from AED 357.60 million in 2022, marking its one of the highest net profits to date. Earnings per share (EPS) …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) posted an annual rise of 16.20% in net profit to AED 301.87 million during the first nine months (9M) of 2023, versus AED 259.82 million. Revenues declined to AED 3.33 billion in …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) reported net profits worth AED 267.59 million in the first half (H1) of 2022, down 19.80% from AED 333.65 million in 9M-21. Earnings per share (EPS) plummeted by 20.30% to AED 0.47 …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) reported net profits worth AED 186.94 million in the first half (H1) of 2022, an annual plunge of 24.80% from AED 248.66 million. The earnings per share (EPS) went down by 25% …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) retreated by 36.6% year-on-year (YoY) to AED 84.65 million in the first quarter (Q1) of 2022 from AED 133.61 million, according to the company's unaudited …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Insurance Company (ADNIC) has approved a cash dividend distribution, equivalent to 40% of the capital, for 2021. The cash dividend payout stands at AED 0.40 per share, …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) increased by 8.3% to AED 401.8 million in 2021, compared to AED 370.996 million in 2020, according to the company's consolidated financials for the year ended 31 …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) jumped by 18% year-on-year (YoY) to AED 333.7 million during the first nine months of 2021 from AED 282.85 million, according to the company's consolidated …

Abu Dhabi – Mubasher: AM Best has assigned Abu Dhabi National Insurance Company (ADNIC) a financial strength rating of 'A' and a long-term issuer credit rating of 'a', with a stable outlook. The ratings reflect ADNIC's underlying financial …

Abu Dhabi – Mubasher: The consolidated interim financials of Abu Dhabi National Insurance Company (ADNIC) showed net profits of AED 248.661 million during the first half (H1) of 2021, up 31.1% from AED 189.677 million in the year-ago period. The …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) rose by 9% to AED 133.61 million in the first quarter (Q1) of 2021, compared to AED 122.62 million in the year-ago period. The insurer’s net underwriting income …

Abu Dhabi – Mubasher: S&P Global Ratings has upgraded the credit rating of Abu Dhabi National Insurance Company (ADNIC) from 'A-' to 'A', with a stable outlook. Upgrading the company's credit ratings reflects the outstanding performance in terms …

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Abu Dhabi National Insurance Company (ADNIC) has approved a cash dividend distribution, equivalent to 35% of the share nominal value, for 2020. The cash dividend payout stands at AED 0.35 …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) hiked by 30.5% to AED 370.996 million in 2020 from AED 284.25 million in 2019. The company's net underwriting income reached AED 497.2 million last year, up AED …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) saw 11 block-trading deals executed on its shares at a total value of AED 180 million, the Abu Dhabi Securities Exchange (ADX) announced on Tuesday. The deals were implemented on …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) registered a 45.5% hike in net profits to AED 282.8 million in the first nine months of 2020 from AED 194.4 million during the corresponding period of 2019. The company's net …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) jumped by 59.9% to AED 189.7 million in the first six months of 2020, compared to AED 118.6 million in the corresponding period of 2019. The company recorded a …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) hiked by 133.1% to AED 122.6 million during the first quarter (Q1) of 2020 from AED 52.6 million in the same quarter of 2019. The company witnessed a 79.4% rise …

Abu Dhabi – Mubasher: The shareholders of Abu Dhabi National Insurance Company (ADNIC) have approved the board’s proposal to distribute cash dividends for fiscal year (FY) 2019 at 30% of the company's capital. The distribution of cash dividends …

Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Insurance Company (ADNIC) jumped by 20.7% to AED 284.250 million in 2019 from AED 235.644 million in 2018, according to the company’s consolidated financial statements for 2019. ADNIC saw …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) has collaborated with blockchain technology start-up Addenda Technologies to provide fresh innovation to the motor claims recovery process. Teamed up with the startup, ADNIC’s …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) reported an 11.12% year-on-year growth in consolidated interim net profit for the third quarter of 2019. Net profit reached AED 75.813 million during the three-month period ended …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC), listed on the Abu Dhabi Securities Exchange (ADX), reported a 19.1% year-on-year growth in consolidated interim net profit for the second quarter of 2019. Net profit reached AED …