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Abu Dhabi National Insurance Company Pjsc (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Abu Dhabi National Insurance Company Pjsc Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

The Abu Dhabi National Insurance Company (ADNIC) was incorporated in 1972 as a public shareholding company in Abu Dhabi, the United Arab Emirates. It offers all classes of life and non-life insurance and reinsurance products and services. he Company is organized into three main business segments, namely Personal Insurance, Business Insurance and Overseas Insurance.

Legal Address
Khalifa Street-Adnic Building,Building No. 403,P.O Box 839
Abu Dhabi; Northern Emirates;

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Website: http://www.adnic.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1972
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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5.3%
Subsidiaries
ADNIC International LTD (United Kingdom)
100%
Company Performance
Financial values in the chart are available after Abu Dhabi National Insurance Company Pjsc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net insurance premium revenue
2.72%
Operating profit (EBIT)
60.96%
Net Profit (Loss) for the Period
45.47%
Total assets
3.74%
Investments
-10.89%
Receivables
2.79%
Total equity
7.49%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
3.11%
Loss Ratio
14.68%
Underwriting Expenses Ratio
-0.51%

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