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Last 5.30 AED
Change Today 0.00 / 0.00%
Volume 0.0
ADNIC On Other Exchanges
Abu Dhabi
As of 6:00 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

abu dhabi national insurance (ADNIC) Snapshot

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52 Week High
09/24/14 - 7.00
52 Week Low
07/1/15 - 5.30
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abu dhabi national insurance (ADNIC) Details

Abu Dhabi National Insurance Company PSC provides insurance and reinsurance products of various classes in the United Arab Emirates. The company operates through two segments, Underwriting of Commercial Lines of Business and Underwriting of Consumer Line of Business. It offers various individual insurance products, such as home, life, medical, motor, personal watercraft, personal accident, and travel insurance products; and corporate insurance products, including aviation, engineering and construction, energy (oil and gas) onshore and offshore, financial lines, group medical, liabilities, life, marine cargo, marine hull, motor fleet, property, and travel insurance products. The company also provides bancassurance solutions, including credit life, motor, home renter's and home owners, critical illness, and travel insurance; and affinity programs to professional societies, business councils, sport and leisure groups, and expat communities, as well as to employees of its business partners. Abu Dhabi National Insurance Company PSC was founded in 1972 and is headquartered in Abu Dhabi, the United Arab Emirates.

Founded in 1972

abu dhabi national insurance (ADNIC) Top Compensated Officers

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Executives, Board Directors

abu dhabi national insurance (ADNIC) Key Developments

Abu Dhabi National Insurance Company PSC, Board Meeting, Jun 25, 2015

Abu Dhabi National Insurance Company PSC, Board Meeting, Jun 25, 2015., at 10:00 Arab Standard Time. Agenda: To consider adoption of Agenda; to approve the previous board of directors meeting minutes No. 3/2015 dated 10/5/2015; to review the approved meeting minutes of the board's committees; to consider update on Al-Raha Beach Project; and to consider any other matters.

Abu Dhabi National Insurance Company and Emirates Development Bank Sign Housing Finance Partnership

Abu Dhabi National Insurance Company announced a partnership with Emirates Development Bank to provide comprehensive protection to the Bank's housing finance customers. The insurance policies that ADNIC will provide will cover the bank's UAE National Customers in the unfortunate event of death or disability, while also providing them property cover against all risks during the construction and post-completion phase.

Abu Dhabi National Insurance Company Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Abu Dhabi National Insurance Company P.S.C. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s premium income earned AED 662,505,000 compared with AED 646,551,000 a year ago. Net underwriting income was AED 28,567,000 compared with AED 69,706,000 a year ago. Net investment income was AED 25.9 million compared with AED 35.8 million a year ago. Profit for the period was AED 5,065,000 compared with AED 54,974,000 a year ago. Basic and diluted earnings per share were AED 0.01 compared with AED 0.15 a year ago. Net cash from operating activities was AED 67,327,000 compared with AED 139,074,000 a year ago. Purchase of property and equipment was AED 2,090,000 compared with AED 2,646,000 a year ago.


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