Bengaluru, Apr 21: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has received the licence to undertake reinsurance business from GIFT City, India’s first International Financial Services Centre (IFSC) in Gujarat, effective 1 April 2026.
The approval marks a key corporate milestone in ADNIC’s international expansion strategy, building on its existing cross-border reinsurance business in India and following its recent entry into the Saudi Arabia market.
The India branch is expected to support ADNIC’s long-term growth by diversifying revenue streams and enhancing service capabilities for clients across high-growth markets. It will also contribute to strengthening economic ties between the UAE and Indiain line with the two countries’ shared ambition to expand bilateral trade and investment.
The approval reflects the resilience of the UAE’s business environment, with companies continuing to advance their strategic priorities and expand into global markets despite evolving regional developments. ADNIC’s entry into India highlights its commitment to long-term growth and reinforces its position as a regional insurer with an expanding international footprint.
ADNIC Group provides insurance and reinsurance coverage worldwide and currently maintains physical offices across the UAE, Saudi Arabia, and the United Kingdom, with its India branch set to further expand its international network.
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