Abu Dhabi National Insurance Company (ADNIC) has a track record of strong operating performance, evidenced by return on equity exceeding 12% in all of the last five years (2020-2024), notes AM Best.
The Financial Regulatory Authority (FRA) has approved the publication of a mandatory tender offer submitted by a leading Moroccan insurance company, Wafa Assurance, to acquire shares in Delta Insurance Company.
Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa (MENA) region, according to a new AM Best report.