ADNIC Achieves AED 354.7 Million Net Profit In First Nine Months Of 2025, Growing By 15.2%

Abu Dhabi National Insurance Company (ADNIC) achieved a net profit before tax of AED395 million for the first nine months of 2025. This marks a 15.3% increase compared to the same period in the previous year. The profit after tax reached AED354.7 million, showing a growth of 15.2%. Gross written premiums surpassed AED7.207 billion, reflecting a 17.4% rise year on year, while maintaining a combined ratio of 93.2%.

In the third quarter, ADNIC announced a strategic partnership with Allianz Trade in the Middle East. This collaboration aims to enhance access to trade credit insurance solutions within the UAE. The partnership allows companies to safeguard cash flows, mitigate customer default risks, and explore new markets with increased confidence.

ADNIC is committed to integrating artificial intelligence technologies responsibly across its operations. This investment aims to boost efficiency and improve customer experiences throughout its value chain.

Sheikh Mohamed bin Saif Al Nahyan, Chairman of ADNIC, highlighted the company's robust performance in the first nine months of 2025 as evidence of its resilient business model and successful strategic initiatives. He emphasized that ADNIC will continue expanding core operations through disciplined underwriting and prudent investments while focusing on delivering sustainable value to shareholders and contributing significantly to the UAE's economic growth.

Charalampos Mylonas, CEO of ADNIC, noted that the partnership with Allianz Trade is crucial for expanding their specialised insurance offerings. "The new partnership with Allianz Trade marks an important step in expanding the company’s specialised insurance offerings," he stated.

Financial Performance Overview

Total insurance revenue for the first nine months reached AED6.1 billion, up from AED5.2 billion during the same period last year, indicating a 16.1% year-on-year growth. Additionally, net investment income increased by 10.4%, reaching AED223.3 million compared to last year.

ADNIC's ongoing efforts in strategic partnerships and technological advancements have positioned it well for future growth while reinforcing its role as a key contributor to economic development in the UAE.

With inputs from WAM