Abu Dhabi National Insurance Company (Adnic) navigated a challenging economic landscape to report a net profit of Dh356 million for the first nine months of 2026, a slight improvement over the Dh354.7 million recorded during the same period last year. This resilience was largely driven by a robust 12.9% surge in insurance revenue, which climbed to Dh6.9 billion. While the firm faced headwinds from increased claims—partially linked to recent flooding and geopolitical tensions—as well as some volatility in investment markets, it managed to maintain a solid combined ratio of 92.8%, underscoring the ongoing health of its core underwriting business.

The company is also pushing ahead with an ambitious international growth strategy, highlighted by the successful launch of its branch in India’s Gift City earlier this year and continued expansion efforts within Saudi Arabia. Leadership at Adnic remains optimistic, emphasizing that their disciplined risk management and strategic investments in technology and human capital will support long-term stability. This operational strength has been validated by major rating agencies, with both AM Best and S&P Global affirming the company’s "A" rating, signaling confidence in Adnic's robust balance sheet and future prospects as market conditions begin to normalize.