ADNIC News & Announcements-

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

Abu Dhabi National Insurance Co. ADNIC
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Price in AED Last Update : 29 Jun 2017 12:53 pm (local time)
  • Adnic’s Q1 earnings fall to Dh5 million May 11, 2015 | Source : Khaleej Times

    Overall premium retention increased to 48 per cent compared to 43 per cent for the same period in 2014.  Abu Dhabi National Insurance Company (Adnic) profits plunged to Dh5 million in the first quarter ended March 31, 2015 comparing...

  • Adnic CEO steps down as profits slide by a third Dec 01, 2014 | Source : Emirates 24|7

    Insurance firm's Q3 profit fell 33.3% to Dh94m Abu Dhabi National Insurance Company’s (Adnic) CEO Walid Sidani has stepped down after the company announced a 33.33 per cent decline in its third quarter 2014 profits. The company said in a...

  • Middle East insurance markets stay resilient Apr 05, 2017 | Source : Saudi Gazette

    Insurance markets in the Middle East have remained resilient despite economic headwinds and lower oil prices, EY’s latest report titled ‘Insurance Opportunities in the Middle East’ revealed. Two of the region’s largest markets, the United Arab Emirates (UAE)...

  • EMEA leveraged finance issuance remains strong Mar 20, 2017 | Source : Saudi Gazette

    Issuance volumes in Europe, Middle East and Africa (EMEA) leveraged finance markets dipped but remained very solid in February at $20.6 billion after a record-breaking January. But issuance could slow post-Easter as monetary policy and political factors will...

  • Gulf insurance market growth to pick up: S&P Mar 20, 2017 | Source : Saudi Gazette

    Gulf states have started to look much more critically at their expenditures, S&P Global Ratings said Sunday. “When oil prices were at their peak, revenues from hydrocarbon products enabled governments in the Gulf Cooperation Council (GCC) region...

  • KSA & UAE insurance sectors remain resilient despite economic headwinds Oct 31, 2016 | Source : Saudi Gazette

    The UAE and KSA insurance markets have remained resilient despite ongoing economic uncertainty, EY and Oxford Economics recently developed ‘Emerging Markets Matter’ report showed. Sanjay Jain, EY MENA Insurance Leader, said: “The UAE and KSA insurance...

  • Reinsurance market in Mena set to grow Oct 05, 2016 | Source : Peninsula Qatar

    The reinsurance markets in the Middle East and North Africa (Mena) region are expected to grow over the next 12 months with an anticipated rise in reinsurance rates due to the emerging risk landscape in the region, suggests...

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