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ADNIC publishes its 2017 results

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Magazine Issue: 
The advent of «AssurTech» [3]
Magazine date: 
Feb 2018

ADNICAbu Dhabi National Insurance Company (ADNIC [4]) recorded, at the end of 2017, a net result of 227.3 million AED (61.9 million USD), an increase of 11% compared to 2016.

The turnover also showed an increase of 11% going from 2.38 billion AED (648.12 million USD) in 2016 to 2.64 billion AED (718.82 million AED) twelve months later.

The shareholder's equity of the Emirati insurer amounted to 1.98 billion AED (539.11 million USD) as of December 31, 2017 against 1.77 billion AED (482 million USD) in 2016.

Fri, 16/02/2018 - 12:30

Source URL: https://www.atlas-mag.net/en/article/adnic-publishes-its-2017-results

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