The General Assembly of Abu Dhabi National Insurance Company approves the distribution of 40% cash d...

Abu Dhabi, United Arab Emirates, ×× March 2023: Abu Dhabi National Insurance Company, one of the leading insurance companies in the region in providing innovative insurance solutions to its individual and institutional clients, today concluded its annual general assembly meeting, during which the company’s shareholders approved the distribution of 40% cash dividends. % (0.40 dirhams per share, with a total dividend of 228 million dirhams) for the financial year ending on December 31, 2022.
All items on the agenda of the General Assembly meeting of Abu Dhabi National Insurance Company were discussed and approved, and the shareholders also approved the company’s financial statements for the year ending December 31, 2022.
Sheikh Mohammed bin Saif Al Nahyan, Chairman of the Board of Directors of Abu Dhabi National Insurance Company, said: “We are pleased to announce cash dividends amounting to 228 million dirhams for our shareholders during the year 2022, which reflects our firm commitment to achieving the best returns on their investments. This strong financial performance is a direct result of the development of the strategy.” Our business, the extent of the commitment and dedication of the company’s work team, the trust of our shareholders and their great and continuous support for us.”
He added: “During the year 2022, Abu Dhabi National Insurance Company achieved a new and important achievement represented by an increase in gross written premiums by 20.1% to reach 5.13 billion dirhams. As we move to a new phase of growth, we renew our commitment to continue working and building on these strong foundations to expand the scope of our business in market and exploring new opportunities that contribute to achieving further growth and success.”