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Last 5.85 AED
Change Today 0.00 / 0.00%
Volume 0.0
As of 6:00 AM 04/16/15 All times are local (Market data is delayed by at least 15 minutes).

abu dhabi national insurance (ADNIC) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/22/14 - 7.20
52 Week Low
06/15/14 - 5.60
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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abu dhabi national insurance (ADNIC) Details

Abu Dhabi National Insurance Company PSC offers insurance and reinsurance products of various classes in the United Arab Emirates. The company operates in 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

Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer and Member of Investm...
Total Annual Compensation: --
Chief Operating Officer
Total Annual Compensation: --
Chief Risk Officer
Total Annual Compensation: --
Chief Business Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

abu dhabi national insurance (ADNIC) Key Developments

Abu Dhabi National Insurance Company PSC Reports Audited Earnings Results for the Year Ended December 31, 2014

Abu Dhabi National Insurance Company PSC reported audited earnings results for the year ended December 31, 2014. For the year, the company reported premium income earned of AED 2,530,047,000 against AED 2,304,827,000 a year ago. Net premium earned was AED 1,481,697,000 against AED 1,348,499,000 a year ago. Net underwriting expenses was AED 156,621,000 against net underwriting income of AED 265,637,000 a year ago. Loss for the period was AED 280,426,000 or AED 0.75 per basic and diluted share against profit for the period of AED 156,012,000 or AED 0.42 per basic and diluted share a year ago. Net cash generated from operating activities was AED 222,840,000 against AED 163,001,000 a year ago. Purchase of property and equipment was AED 11,859,000 against AED 13,157,000 a year ago.

Abu Dhabi National Insurance Company PSC to Report Fiscal Year 2014 Results on Mar 25, 2015

Abu Dhabi National Insurance Company PSC announced that they will report fiscal year 2014 results on Mar 25, 2015

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

Abu Dhabi National Insurance Company PSC, Board Meeting, Mar 25, 2015., at 13:00 Indian Standard Time. Agenda: To consider the adoption of agenda; to approve the previous Board of Directors Meeting minutes No. 1/2015 dated February 25, 2015; to review and approve the company's financial statements for 2014; to review and approve the company's corporate governance report for 2014; to review the recommendation of the Audit Committee in relation to the appointment of the External and Internal Auditors for 2015; to set the date of the company's Annual General Meeting; and to consider any other matters.


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