Fitch assigns an IFS rating to Abu Dhabi National Takaful Company

Fitch Ratings has assigned an "A-" financial strength rating with a stable outlook to Abu Dhabi National Takaful Company (ADNTC).

The rating reflects the company's solid capitalization, strong profitability, neutral business profile and conservative investment strategy.

With written premiums reaching 477 million AED (129.9 million USD) in 2022, ADNTC ranks among the top 20 listed insurers in the United Arab Emirates.