# Abu Dhabi National Insurance Company

Abu Dhabi National Insurance Company is an Insurance based in Abu Dhabi, United Arab Emirates.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Abu Dhabi, United Arab Emirates
- **Region:** Middle East
- **Address:** Building No. 403, Khalifa Street, P.O. Box 839, Abu Dhabi, United Arab Emirates
- **Founded:** 1972
- **Assets under management:** Undisclosed
- **Website:** www.adnic.ae
- **LinkedIn:** https://www.linkedin.com/company/abu-dhabi-national-insurance-company
- **Wikidata:** Q20990736

## Regulatory record

- **Reports private funds:** No

## About

Abu Dhabi National Insurance Company PJSC (ADNIC) is an insurance company headquartered in Abu Dhabi, UAE, with its head office on Khalifa Bin Zayed The First Street. The company operates multiple branches across the UAE, including locations in Abu Dhabi, Dubai, Sharjah, Al Ain, Mussafah, Ruwais, and other areas, offering services through offices and kiosks at sites such as traffic police departments and shopping centers.

## Sectors

- Insurance
- Real Estate
- Fixed Income

## People

- Sheikh Mohamed Bin Saif Al-Nahyan — Chairman of the Board
- Sheikh Theyab Bin Tahnoon Al-Nahyan — Vice Chairman of the Board

## Questions

### What is the relationship between ADNIC and Mubadala Investment Company?

Mubadala Investment Company PJSC holds a 24.77% equity stake in ADNIC, per the firm's disclosed shareholder register. This makes Mubadala ADNIC's single largest shareholder but does not constitute a controlling interest — ADNIC operates as an independent publicly listed insurer on the Abu Dhabi Securities Exchange. The board, chaired by Sheikh Mohamed Bin Saif Al-Nahyan, makes independent investment and underwriting decisions within the regulatory framework of the UAE Insurance Authority.

### How does ADNIC allocate its investment portfolio?

ADNIC's general account portfolio concentrates on three asset classes: commercial real estate in the United Arab Emirates — including its own head office building on Khalifa Street — a mixed-use investment properties portfolio, and a global fixed-income and cash allocation. The firm retains an in-house investment management function, per its annual financial disclosures, rather than outsourcing to external managers. The fixed-income book is held predominantly in investment-grade instruments to match insurance liabilities.

### Who runs investment decisions at ADNIC?

Investment oversight rests with ADNIC's board of directors, chaired by Sheikh Mohamed Bin Saif Al-Nahyan with Vice Chairman Sheikh Theyab Bin Tahnoon Al-Nahyan. The firm maintains an internal investment committee and in-house asset management team responsible for day-to-day allocation decisions across real estate and fixed income. The executive management team overseeing investments reports to the board, with ultimate authority retained at the chairman level.

### What is ADNIC's geographic investment footprint?

ADNIC's direct real estate investments are concentrated in the United Arab Emirates, primarily in Abu Dhabi. The fixed-income and cash portfolio is global in scope but tilted toward investment-grade issuers. Through its membership in the Federation of Afro-Asian Insurers and Reinsurers (FAIR), ADNIC participates in reinsurance pools and counterparty networks spanning Africa and Asia, though this represents underwriting exposure rather than direct asset allocation.

## Related profiles

- [Abu Dhabi Islamic Bank](https://altss.com/profile/abu-dhabi-islamic-bank)
- [Abundance Wealth Counselors](https://altss.com/profile/abundance-wealth-counselors)

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Last updated: 2026-07-10T01:21:41.000Z

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