Abu Dhabi National Insurance Co PJSC 2023 IR
The report highlights Abu Dhabi National Insurance Company's (ADNIC) outstanding performance for the fiscal year 2023, achieving one of its highest net profits to date of AED 401.2 million, a 12.18% increase year-over-year. The company expanded its regional footprint by entering a binding agreement to acquire a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company. In alignment with the UAE's 'Year of Sustainability' and COP28, ADNIC actively participated as a Climate Supporter, signing the UAE Climate Responsible Companies Pledge. Additionally, the company made significant progress in its digital transformation, launching a new online motor portal and mobile app, while achieving an Emiratisation rate of 34.83%.
Company: Abu Dhabi National Insurance Co PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 202
Abu Dhabi National Insurance Co PJSC
Integrated Report
The report highlights Abu Dhabi National Insurance Company's (ADNIC) outstanding performance for the fiscal year 2023, achieving one of its highest net profits to date of AED 401.2 million, a 12.18% increase year-over-year. The company expanded its regional footprint by entering a binding agreement to acquire a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company. In alignment with the UAE's 'Year of Sustainability' and COP28, ADNIC actively participated as a Climate Supporter, signing the UAE Climate Responsible Companies Pledge. Additionally, the company made significant progress in its digital transformation, launching a new online motor portal and mobile app, while achieving an Emiratisation rate of 34.83%.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Women on Board
Net Zero Target
Employees