ADNIC's 2008 results

Abu Dhabi National Insurance Company has disclosed its 2008 figures. The company posted a turnover of 1.356 billion AED (369 million USD) versus 1.157 billion AED (315 million USD) in 2007, that is, a 17% increase.

The net result is reporting a 36% decrease in comparison with the previous year. This result dwindles from 330 million AED (89 million USD) in 2007 down to 210.268 million AED (57 million USD) in 2008.