UAE: ADNIC receives licence for branch in India's GIFT City
Source: Middle East Insurance Review | May 2026
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has received the licence to undertake reinsurance business from GIFT City in Gujarat, India’s first International Financial Services Centre (IFSC), effective 1 April 2026.
The approval marks a key corporate milestone in ADNIC’s international expansion strategy, building on its existing cross-border reinsurance business in India and following its recent entry into the Saudi Arabia market.
The India branch is expected to support ADNIC’s long-term growth by diversifying revenue streams and enhancing service capabilities for clients across high-growth markets. It will also contribute to strengthening economic ties between the UAE and India, in line with the two countries’ shared ambition to expand bilateral trade and investment.
ADNIC Group provides insurance and reinsurance coverage worldwide and currently maintains physical offices across the UAE, Saudi Arabia, and the UK, with its India branch set to further expand its international network. M