Abu Dhabi National Insurance Company · ADX:ADNIC
Abu Dhabi National Insurance — Investor Presentation (February 2025)
14 slides from Abu Dhabi National Insurance's investor presentation, February 2025
Slide 1: Your Reliable Insurer - Investor presentation February 2025
Your Reliable Insurer Investor presentation February 2025 PRESENTED BY ABU DHABI NATIONAL INSURANCE COMPANY P.J.S.C
Slide 2: A leading regional multi-line insurance provider for corporates, SME and individuals
A leading regional multi-line insurance provider for corporates, SME and individuals 2
Slide 3: Disclaimer and Forward-Looking Statements
D I S C L A I M E R A N D F O R WA R D - L O O K I N G S TAT E M E N T S Disclaimer: This presentation provides general background information on ADNIC's current activities but is not comprehensive and should not be relied upon as investment advice. The information may not be suitable for every inve
Slide 4: Looking back
QADNIC Looking back
Slide 5: ADNIC at a Glance
A D N I C AT A G L A N C E As a leading insurer in the UAE, we are committed to creating long term value for all our stakeholders while delivering sustainable shareholder returns. Comparison of ADNIC’s share MARKET LEADER TRUSTED PARTNER performance with the FTSE ADX Financials index (FADFSI) during
Slide 6: 2024 was a year of performance & progress
2024 WAS A YEAR OF PERFORMANCE & PROGRESS EXCEPTIONAL TRANSFORMATIVE UAE OPERATIONAL Region PERFORMANCE GROWTH EXCELLENCE Highest ever total insurance Rapidly advanced the Establishing Data & AI Center of revenue of AED 7.2 billion, up integration of Mutakamela into Excellence for enhanced 54.6% YoY
Slide 7: Industry Benchmarking
I N D U S T RY B E N C H M A R K I N G * *2024 based on preliminary data published and ADNIC internal assumptions We continue to growth underwriting and investment income, maintaining a healthy split between the two. ADNIC was able to deliver the sold UW profit despite the adverse market conditions
Slide 8: FY 2024 Key Financial Highlights
FY 2024 KEY FINANCIAL HIGHLIGHTS Gross Written Premiums 7,454 +50.4% Consumer UW Commercial UW Operating and Investment income Overall Net profit AED Mn YoY insurance finance expenses Net Written Premium 2,854 64.6% AED Mn YoY Net Insurance Service Result Income (loss) 449.0 22.5% AED Mn YoY Investm
Slide 9: Strong Investment Performance
STRONG INVESTMENT PERFORMANCE Investment Income through Profit and Loss Account (AED AED 5,933.7 million) million 31.9% Increase in investment income driven by change in asset allocation and higher rates Strong trading gains in the investment book Occupancy in investment properties continues t
Slide 10: A Strong Financial Track Record
A STRONG FINANCIAL TRACK RECORD Growth written premiums Net written premium (AED million) (AED million) CAGR CAGR 17% 13.4% Investment income Underwriting profit (AED million) (AED million) CAGR CAGR 19% 5.6% 2018 2019 2020 2021 2022 2023 2024 CAGR NET PROFIT (AED million) 236 284 371 402 358 401 42
Slide 11: Capital Management and Dividend Policy
C A P I TA L M A N A G E M E N T A N D D I V I D E N D P O L I C Y Solvency ratio Dividend payout ratio 250% Maximum appetite * Subject to AGM approval 212% 200% DPS * Subject to Target level AGM approval 150% Minimum level Dividend policy subject to sustainable CB Dividend payout subject to maintai
Slide 12: Our Commitment to the Planet
O U R C O M M I T M E N T TO T H E P L A N E T Emirates Nature-WWF • We continue to collaborate with Emirates Nature-WWF to support conservation efforts, protect biodiversity, and advance the UAE’s net-zero goals for a more sustainable future. Private sector pledge • We signed the UAE Climate Respon
Slide 13: Our People, Awards and Initiatives
OUR PEOPLE, AWARDS AND INITIATIVES Emiratisation rate reached 40% in 2024 with a 5% increase compared to the previous year. Mawhoob and Emkanati programmes continue to attract and develop UAE national talent Energy Insurer of the Year by InsurTek Golden Shield Excellence Awards 2024 and Best Small C
Slide 14: Thank you
Your Reliable Insurer Thank you investorrelations@adnic.ae
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