UAE: ADNIC delivers strong pre-tax net profit of $36m in 1Q2025
Source: Middle East Insurance Review | Jun 2025
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has delivered strong financial results for the first quarter of 2025.
ADNIC reported a net profit before tax of AED133.3m ($36.3m), marking a 19.2% increase compared to the corresponding quarter in 2024 because of strong underwriting and investment performance. ADNIC’s results reflect its ability to adapt and grow despite evolving market dynamics, the company said in a statement. M