Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has announced a net profit before tax of AED533.1m ($145.1m), representing a 14.3% increase compared to 2024.
In a statement, ADNIC said that the solid 2025 financial results were driven by sustained growth across the company’s core business lines
Gross written premiums reached AED8.5bn, reflecting year-on-year growth of 13.4%. ADNIC also achieved a combined ratio of 93.2%, highlighting the effectiveness of its underwriting discipline and operational performance.
Key financial highlights:
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ADNIC’s total insurance revenue reached AED8.3bn in 2025, compared to AED7.2bn in 2024.
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Net insurance service result reached AED494.9m, representing an acceleration of 10.2% compared to 2024.
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Net investment income reached AED296.9m, up by 8.9% versus the prior year.
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Profit before tax grew by 14.3% year on year to AED 533.1m, yielding a profit after tax of AED479.9m, reflecting 14.4% growth.
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As of 31 December 2025, at a consolidated Group level, total assets stood at AED10.4bn and total shareholders’ equity reached AED3.7bn, underscoring the Group’s strong capital position and balance sheet strength.
Strategic initiatives
Throughout 2025, ADNIC advanced several strategic priorities aligned with its growth, diversification, and national development agenda. A key achievement in 2025 was the launch of a long-term strategic partnership with Allianz Trade in the Middle East to expand trade credit insurance solutions across the UAE. This collaboration strengthened ADNIC’s product portfolio and it enables businesses to better manage credit risk, protect cash flows, and pursue growth opportunities with greater certainty, supported by Allianz Trade’s global expertise in credit risk and market intelligence.
Commenting on ADNIC’s performance, Sheikh Mohamed Bin Saif Al-Nahyan, the company’s Chairman, said, “ADNIC’s performance in 2025 reflects the strength of our long-term strategy and our commitment to aligning the Group’s growth with the UAE’s national priorities and its economic vision. We continue to build on our core businesses through disciplined expansion, prudent governance, and a strong focus on national talent development.”
ADNIC CEO Charalampos Mylonas said, “Our results for the full year 2025 demonstrate the resilience of our operations and the impact of our strategic initiatives. Our partnership with Allianz Trade expands our specialist insurance capabilities, while our continued focus on innovation and operational excellence supports efficiency and service quality. We remain focused on strengthening ADNIC’s role as a trusted insurer and long-term partner in the region.”
Simultaneously, and in line with the UAE’s ambition to foster a competitive, innovation-led economy, ADNIC continued to progress its digital and innovation agenda, including the responsible integration of artificial intelligence to improve efficiency and customer experience.
The company also deepened its social impact through a partnership with the Sheikh Zayed Housing Programme to provide specialized life insurance solutions for eligible UAE nationals, reinforcing its contribution to financial security and national priorities.
Expectations
ADNIC said that the UAE insurance sector is entering a period of structural transformation driven by regulatory evolution, capital discipline and increased demand for transparency and sustainable profitability. Market expectations are shifting from growth at any cost toward technical excellence, risk-based pricing and stronger balance sheet resilience. ADNIC, being a leading market participant, plays a pivotal role in shaping industry standards, governance practices and constructive engagement with regulators, clients and distribution partners. ADNIC continues to contribute to sector development by promoting sustainable growth, enhancing risk management practices and supporting long-term modernisation of the industry.
Plans
Looking ahead, ADNIC said that its strategic priorities remain centred on disciplined diversification, operational efficiency, and the continued enhancement of risk capabilities to support sustainable growth in a rapidly evolving market. Investments in digital transformation and artificial intelligence are expected to streamline operations, improve customer experience and strengthen data-driven decision-making across underwriting, claims and distribution. At the same time, the ongoing development of a sophisticated risk management framework–supported by advanced analytics and enhanced governance–will enable the Group to navigate emerging risks, optimise capital deployment and deliver long-term value for stakeholders.