Abu Dhabi National Insurance Company (Adnic), a leading multi-line insurer in the UAE, has announced a robust financial performance for the first nine months of 2025, with a 15.3% surge in net profit before tax, reaching Dh395 million. This growth is attributed to the company’s strategic partnerships, operational efficiency, and sustained expansion across its core business segments. Gross written premiums also saw a significant increase of 17.4% year-on-year, totaling Dh7.21 billion, reflecting strong performance across all business lines. Adnic maintained a combined ratio of 93.2%, showcasing its disciplined underwriting practices and operational excellence. A key development during the third quarter was Adnic’s long-term collaboration with Allianz Trade in the Middle East, aimed at enhancing access to Trade Credit Insurance for UAE businesses. This partnership leverages Adnic’s local expertise and Allianz Trade’s global capabilities in credit risk management, enabling businesses to safeguard cash flows, mitigate payment default risks, and pursue growth opportunities with confidence. Aligning with the UAE’s vision for an innovation-driven economy, Adnic has invested in integrating artificial intelligence into its operations to improve efficiency, streamline processes, and elevate customer experience. Additionally, Adnic reinforced its social impact initiatives through a partnership with the Sheikh Zayed Housing Program (SZHP), offering specialized life insurance solutions to eligible UAE nationals, thereby supporting financial security and national housing priorities. Sheikh Mohamed bin Saif Al Nahyan, Chairman of Adnic, emphasized the company’s resilience and commitment to sustainable value creation, stating, ‘Adnic’s strong results reflect our prudent risk management and role as a key enabler of the UAE’s economic growth.’ Charalampos Mylonas, CEO of Adnic, highlighted the company’s focus on innovation and customer-centric growth, noting that the partnership with Allianz Trade and digital transformation efforts have significantly enhanced operational efficiency and customer satisfaction. For the first nine months of 2025, Adnic’s total insurance revenue reached Dh6.1 billion, a 16.1% increase year-on-year, while net insurance service results rose by 23.9% to Dh382.3 million. Investment income also grew by 10.4% to Dh223.3 million, and profit after tax stood at Dh354.7 million. As of 30 September 2025, Adnic’s total assets amounted to Dh10.6 billion, with shareholders’ equity at Dh3.6 billion.