Magazine date:
Oct 2022 
Abu Dhabi National Insurance Company (ADNIC) has ended the first three quarters of 2022 with a 32.4% turnover increase to reach 4.29 billion AED (1.17 billion USD). During the same period, the net profit has dropped by 19.8%, from 333.7 million AED (90.83 million USD) as at 30 September 2021 to 267.6 million AED (72.84 million USD) a year later.
It is worth noting that AM Best has awarded ADNIC [4] the "A" (Excellent) financial strength and "a" (Excellent) long-term credit ratings. In 2021, the company was ranked as the second largest insurer in the UAE market with premiums amounting to 4.27 billion AED (1.16 billion USD).