Abu Dhabi National Insurance Company operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abu Dhabi National Insurance Company with three other
companies in this sector in United Arab Emirates:
Union Insurance Company P.S.C.
(2017
sales of 534.45 million Arab Emirates Dirhams [US$145.51 million]
),
Islamic Arab Insurance Company
(648.11 million Arab Emirates Dirhams [US$176.45 million]
of which 51%
was Family Takaful), and
Emirates Insurance Company PSC
(588.34 million Arab Emirates Dirhams [US$160.18 million]
of which 193%
was Underwriting).
Sales Analysis.
Abu Dhabi National Insurance Company reported sales of 1.32 billion Arab Emirates Dirhams (US$359.50 million)
for the
year ending
December of 2017.
This
represents
a very small
increase of 0.6%
versus 2016, when the company's sales were 1.31 billion Arab Emirates Dirhams.
Despite this increase, sales are still
below the level achieved in 2015, when Abu Dhabi National Insurance Company
reported sales of 1.49 billion Arab Emirates Dirhams.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Abu Dhabi National Insurance Company had sales
of 1.41 billion Arab Emirates Dirhams.
Sales of Commercial Insurance saw an increase
that was more than double the company's growth rate: sales were up
5.7% in 2017, from
353.76 million Arab Emirates Dirhams to 373.77 million Arab Emirates Dirhams.
Not all segments of Abu Dhabi National Insurance Company experienced an increase in sales in 2017:
sales of Personal Insurance fell 8.8% to 663.76 million Arab Emirates Dirhams.