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ADNIC: 2021 results

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Magazine Issue: 
Covid-19, an endless world [3]
Magazine date: 
Feb 2022

ADNICAbu Dhabi National Insurance Company (ADNIC [4]) has recorded a 6.4% increase in its turnover in 2021. Written premiums have gone from 4.01 billion AED (1.09 billion USD) in 2020 to 4.27 billion AED (1.16 billion USD) a year later.

The net profit stood at 401.8 million AED (109.38 million USD), representing an 8.3% growth compared to the 371 million USD (100.99 million USD) posted at the end of 2020.

The net investment income has grown by 25.6% to reach 144.2 million AED (39.25 million USD).

Read also | Best insurance companies in the UAE [5]

Wed, 16/02/2022 - 13:04

Source URL: https://www.atlas-mag.net/en/article/adnic-2021-results

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-188-february-2022
[4] https://www.atlas-mag.net/en/category/tags/compagnies/abu-dhabi-national-insurance-company-adnic
[5] https://www.atlas-mag.net/en/article/top-30-emirati-insurers-per-net-result-2019