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ADNIC's H1 2021 net profit increases 31.1% to $67.7mln

ADNIC's H1 2021 net profit increases 31.1% to $67.7mln
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Abu Dhabi National Insurance Company , Dhabi National Insurance Company , தபி தேசிய காப்பீடு நிறுவனம் ,

Emirates News Agency - ADNIC reports AED133.6 million Q1'21 net profit

ADNIC reports AED133.6 million Q1 21 net profit
ABU DHABI, 3rd May, 2021 (WAM) Abu Dhabi National Insurance Company (ADNIC) has reported a Q1 21 net profit of AED133.6 million, a 9% increase compared to the same quarter last year In a statement today, ADNIC said the company delivered solid performance and growth across key financial metrics. ADNIC’s performance was driven by the company’s clear strategy, underwriting discipline, operational excellence, and a diversified investment portfolio.
Commenting on ADNIC’s performance, Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: Amid challenging market conditions, ADNIC delivered solid results for the first quarter of 2021, with net profit increasing 9% to AED133.6 million compared to the same quarter of last year. ADNIC’s robust financial performance is testament to the company’s strong foundations and market position. ADNIC has continuously supported its customers and partners through this challengi ....

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ADNIC reports Q1 net profit

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Abu Dhabi National Insurance Company , Dhabi National Insurance Company , தபி தேசிய காப்பீடு நிறுவனம் ,

UAE- ADNIC reports AED371 million in net profit for 2020

(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 14th February, 2021 (WAM) Abu Dhabi National Insurance Company (ADNIC), said 2020 s net profit increased by 30.5 % to AED371 million, compared to a net profit of AED 284.3 million for 2019 In a statement on its financial results for the full year ended 31 December 2020 today, Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: Against the uncertain backdrop of 2020, ADNIC demonstrated strong results with a full-year net profit of AED 371 million, a 30.5% increase compared to the previous year. ADNIC s technical abilities in prudent risk selection continue to be the bedrock on which this performance is based. These results are also due in part to the long-term investments we have made in technology over recent years and our ability and expertise to put the customer first and provide them with platforms that function 24/7. As a customer centric company, we will continue to pursue our digital transformation journey across a ....

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