The operating performance of UAE-based Abu Dhabi National Insurance Co (ADNIC) is expected to remain resilient, according to S&P Global Ratings (S&P).
The combined profit after tax of the eight listed companies surged by 414% to OMR34m ($88.5m) from 2025 from OMR6.6m in 2024, according to an update by BADRI Management Consultancy.
The Financial Regulatory Authority (FRA) has issued a resolution concerning regulating the licensing, registration and practices of actuaries, in a step aimed at strengthening the regulatory framework.