Abnic reports Dh52m net profits in 2017

19/03/2018 05:52 AST

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per cent compared to Dh25 million reported in 2016. Abnic's written premium stood at Dh537 million for the year 2017. Shareholders equity stood at Dh664 million and the total assets were at Dh1.75 billion at the year-end 2017.


Gulf News

News

Abnic reports Dh52m net profits in 2017

19/03/2018

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per

Gulf News

Al Buhaira National Insurance ratings lowered to 'BBB-'

02/08/2010

Standard & Poor's Ratings Services said today that it lowered its long-term counterparty credit and insurer financial strength ratings on United Arab Emirates (UAE)-based composite insurer Al Buhaira

AME Info

ABNIC's Q2 profit steady at Dh63m

27/07/2010

Al Buhaira National Insurance Co, or ABNIC, has maintained same profitability level that was achieved at the end of the second-?quarter of 2009.

The company recorded Dh63 million net prof

Khaleej Times

Most Viewed Companies

Ticker Price Volume

Valuation

ABNIC Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 391.50 1.20 (0.30%)
INVESTB 2.90 -0.12 (-3.98%)
FAB 17.36 0.12 (0.69%)
EMIRATESNBD 27.74 -0.52 (-1.85%)
ADCB 12.80 0.18 (1.42%)

Recent News

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

Alkhorayef lands Riyadh sewage network maintenance contract

09/04/2026

Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a SAR69.5 million ($18.5 million) sewage project works contract from Royal Commission for Riyadh City.

Trade Arabia

Asas Makeen in deal to develop 503-unit residential project in Riyadh

09/04/2026

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed an agreement with Tawafuq Al Rimal Real Estate Fund for the development of an integrated reside

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap