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Abu Dhabi National Insurance Company (ADNIC) has recorded a 25% increase in its quarterly insurance revenue, which rose from 1.6 billion AED (435.6 million USD) as at 31 March 2024 to 2 billion AED (544.5 million USD) a year later.
Net profit amounted to 119.6 million AED (32.6 million USD), up by 18.5% on the 100.9 million AED (27.5 million USD) achieved twelve months earlier.
Net insurance service result progressed by 37% to 141.4 million AED (38.5 million USD) against 103.2 million AED (28.1 million USD) for the same period in 2024.
The Emirati insurer's net investment income climbed by 31.3% year-on-year to 71.4 million AED (19.4 million USD).
Read also | ADNIC: 2024 results
