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Abu Dhabi National Insurance Co. Closes Acquisition of $133 Million Stake in Allianz Saudi MT
Abu Dhabi National Insurance Company PJSC (ADX : ADNIC) completed the acquisition of 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (SASE : 8040) from Allianz Europe B.V., Allianz France SA and Allianz MENA Holding Bermuda Limited. CI
Abu Dhabi National Insurance Company PJSC Approves Cash Dividends for the Fiscal Year Ended on December 31, 2023 CI
Abu Dhabi National Insurance Halts Trading Amid Assembly Meeting MT
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Abu Dhabi National Insurance Company PJSC Appoints Omar Khedr as the Board Secretary CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Abu Dhabi National Insurance Company PJSC Announces Resignation of Raed Khalil Haddadin as Executive Vice President & Chief Legal and Compliance Officer, Effective 1 January 2024 CI
Allianz to sell 51% stake in Allianz Saudi Fransi to ADNIC RE
Abu Dhabi National Insurance Company PJSC (ADX : ADNIC) entered into a binding transaction to acquire a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company (SASE : 8040) from Allianz Europe B.V., Allianz France SA and Allianz MENA Holding Bermuda Limited for approximately $130 million. CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the First Quarter Ended March 31, 2023 CI
Abu Dhabi National Insurance Company Announces CEO Changes CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2022 CI
Abu Dhabi National Insurance Company PJSC Proposes Dividend for the Fiscal Year 2022 CI
Abu Dhabi National Insurance Company PJSC Announces Resignation of Mr. Johannes Jacobs Fourie as Executive Vice President-­ Risk Management, Effective from 3 April 2023 CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022 CI
Dubai Aerospace Files Lawsuit Against 11 Insurers To Recover Due Amounts For Seized Aircraft In Russia MT
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Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022 CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the First Quarter Ended March 31, 2022 CI
Abu Dhabi National Insurance Company PJSC Approves Dividend CI
Abu Dhabi National Insurance Company PJSC Announces Board Appointments CI
Abu Dhabi National Insurance Company PJSC Proposes Dividend for the Year Ended December 31, 2021 CI
Abu Dhabi National Insurance Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2021 CI
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Abu Dhabi National Insurance Company PSC (ADNIC) is a United Arab Emirates-based public shareholding company engaged in the provision of all classes of insurance and reinsurance products and services. The Company is organized into two main business segments: Underwriting of marine insurance business, covering all classes of general insurance, including marine cargo hull and aviation, and Underwriting of non-marine insurance business, which covering all classes of insurance, including fire, engineering, general accident, motor and medical. The Company’s products are categorized into three types: Personal Insurance offers a range of personal/individual insurance policies; Business Insurance offers a set of insurance for a range of assortment of business insurance needs, and Overseas Insurance offers a range of insurance products for the Company’s overseas clients.
More about the company
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
5.81 AED
Average target price
8.78 AED
Spread / Average Target
+51.12%
Consensus
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