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UAE weather: Temperatures to rise, rainfall to continue in some areas
Business

UAE weather: Temperatures to rise, rainfall to continue in some areas

Shareholders of Abu Dhabi National Insurance Company (ADNIC) have approved the distribution of 47 per cent cash dividends for the financial year ended December 31, 2025, following the conclusion of the company’s Annual General Meeting (AGM) in Abu Dhabi.

The approved dividend amounts to AED 0.47 per share, representing a total cash payout of AED 267.9 million to shareholders.

Strong Financial Performance in 2025

Commenting on the results, Sheikh Mohamed Bin Saif Al-Nahyan said the company delivered another year of strong performance, highlighting the resilience of ADNIC’s business model and growth strategy.

He noted that the company continued to align its activities with national priorities through initiatives such as its partnership with the Sheikh Zayed Housing Programme, aimed at supporting financial security and community wellbeing.

ADNIC was also recognised during the NAFIS Award Ceremony – Third Cycle (2024–2025), where the company secured first place in its category within the insurance sector and received the Gold Category Award for excellence in Emiratisation.

“The proposed dividend distribution underscores our continued commitment to delivering consistent returns to our shareholders,” Sheikh Mohamed said.

Revenue and Profit Growth

According to Charalampos Mylonas, the company achieved strong financial results in 2025.

Key highlights include:

  1. Profit before tax: AED 533.1 million, up 14.3% year-on-year

  2. Total insurance revenue: AED 8.3 billion

  3. Growth in net insurance service results and investment income

Mylonas said the results reflect the strength of ADNIC’s operating model and disciplined execution of its business strategy.

Solid Financial Strength and Future Focus

At the consolidated group level, ADNIC reported a Solvency Ratio exceeding 200 per cent, demonstrating the company’s strong financial health and its ability to meet obligations to customers and business partners.

Looking ahead, the company plans to focus on:

  1. Technical excellence in underwriting and risk management

  2. Advanced analytics and innovation

  3. Digital transformation

  4. Sustainable long-term growth

Mylonas added that these priorities will help ADNIC continue delivering long-term value to shareholders and stakeholders while strengthening its position in the regional insurance market.

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