Tag Archives: ADNIC

ADNIC shareholders approve cash dividends of 47% at the Annual General Meeting

  • All agenda items were approved by shareholders, including distribution of a cash dividend of AED 0.47 per share.

Abu Dhabi, 12 March 2026: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has approved the distribution of 47% cash dividends (AED 0.47 per share, implying total cash dividends of AED 267.9 million) for the financial year ended 31 December 2025, after concluding its Annual General Meeting (AGM) today.

Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: “ADNIC delivered another year of strong performance in 2025, reflecting the resilience of our business model and disciplined growth strategy. Our results highlight our ability to create sustainable value while maintaining financial strength.

Continue reading ADNIC shareholders approve cash dividends of 47% at the Annual General Meeting

ADNIC achieves net profit of AED 205.2 million for the first half of 2024

Abu Dhabi, UAE 09August 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 in 2024, highlighted by solid financial results and successful execution of key strategic growth initiatives.

During this quarter ADNIC has successfully completed the acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (ASF) in Saudi Arabia.  This move solidifies our position as a leading insurer in the region and reinforces our commitment to delivering exceptional customer service and innovative insurance products across the GCC. We are confident that this acquisition will enable us to offer industry-leading solutions across all major insurance lines.

Continue reading ADNIC achieves net profit of AED 205.2 million for the first half of 2024