Abu Dhabi National Insurance Company (ADNIC), a leading multi-line insurer in the region, reported that its total insurance revenue for the first nine months of 2025 rose to AED 6.1 billion (USD 1.66 billion), representing a 16.1 per cent increase from AED 5.2 billion (USD 1.42 billion) during the same period in the previous year.
Its profit before tax increased by 15.3 per cent year-on-year to AED 395 million, resulting in an after-tax profit of AED 354.7 million.
Investment income came in at AED 223.3 million, representing a 10.4 per cent increase compared with the same period last year.
By 30 September 2025, ADNIC’s total assets had reached AED 10.6 billion. The firm also posted gross written premiums of AED 7,207.1 million (USD 1.96 billion), a 17.4 per cent year-on-year rise. ADNIC maintained a combined ratio of 93.2 per cent, reflecting robust underwriting discipline and efficient operations.
Sheikh Mohamed Bin Saif Al Nahyan, Chairman of ADNIC, stated that the company’s strong showing in the first nine months of 2025 demonstrates the resilience of its business model and the effectiveness of its strategic growth initiatives. He added that they are expanding their core operations with solid underwriting discipline and well-considered investments, and are committed to generating sustainable value for shareholders while playing a significant role in the UAE’s economic development.
Charalampos Mylonas, Chief Executive Officer of ADNIC, said they are delighted to present another solid result for the first nine months of 2025. He noted that the new partnership with Allianz Trade is a significant milestone in broadening their specialised insurance services, and that their ongoing innovation and digital efforts are enhancing efficiency and customer experience.
In the third quarter, ADNIC unveiled a long-term strategic partnership with Allianz Trade in the Middle East, broadening the availability of trade credit insurance solutions to companies throughout the UAE. The collaboration allows businesses to protect cash flow, reduce the risk of payment defaults, and seize growth opportunities more confidently by combining ADNIC’s local expertise with Allianz Trade’s global credit-risk and data-insights capabilities.
ADNIC has kept investing in the ethical deployment of artificial intelligence throughout its value chain to boost operational efficiency and elevate customer experience. It also strengthened its social responsibility initiatives by partnering with the Sheikh Zayed Housing Program (SZHP) to offer specialised life-insurance solutions to eligible UAE nationals.
