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ADNIC: Strong economy helps insurer deliver positive performance

ADNIC: Strong economy helps insurer deliver positive performance

ADNIC: Strong economy helps insurer deliver positive performance

Feb 10, 2026

Abu Dhabi National Insurance Company (ADNIC) occupies a strategic position in the UAE’s insurance landscape as one of its oldest and most established underwriters. Founded in 1972 and headquartered in the UAE capital, ADNIC was the first insurer licensed in the emirate, transforming from a domestic provider into a multi-line insurer with retail, corporate, and specialised risk portfolios. It is now one of the country’s largest insurers, with coverage spanning motor, medical, engineering, marine, aviation, liability, and property insurance, supported by an international platform that enables cross-border servicing and reinsurance reach.

Financially, ADNIC benefits from scale, stability, and steady capital discipline. It also holds solid credit ratings – A from both Standard & Poor’s and AM Best – signalling strong underwriting standards.

“ADNIC’s balance sheet strength is underpinned by its risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), at the strongest level,” AM Best noted in its latest assessment of the company.

The global credit rating agency expects ADNIC’s risk-adjusted capitalisation to remain comfortably at the strongest level, underpinned by sufficient organic capital generation to support its business plans.