Al Wathba National Insurance Co PJSC (AWNIC) News - Mubasher Info
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26 December 02:15 PM

Al Wathba National Insurance Co PJSC (AWNIC)

Last update: 25 December 01:02 PM market time.
3.50
0.26
8.03%
Open 3.50
Previous Close 3.24
High 3.50
Low 3.50
Stock Statistics
Volume 200,000
Turnover 700,000.00
All data are 15 minutes late during market session

News

Al Wathba Insurance
22 December 01:01 PM Al Wathba Insurance becomes 1st UAE insurer to access Lloyd’s of London
Abu Dhabi - Mubasher: Al Wathba National Insurance Company invested in London Bridge 2 PCC, Cell 27, marking a major step in its growth journey with the finalization of a key strategic investment. In line with its revenue diversification strategy, …
Banking and Finance
Profits dropped to AED 35.634m in 9M
13 November 2019 11:51 AM Al Wathba’s profit tumbles to AED 25m in Q3
Abu Dhabi - Mubasher: The profit attributed to equityholders of Al Wathba National Insurance Company declined to AED 25.129 million during the third quarter ended on 30 September 2019 from AED 28.589 million a year earlier, the financial …
Financial Results
The board was authorised to take all necessary requirements
25 March 2019 05:20 PM Al Wathba’s shareholders nod to $150m bonds issue
Mubasher: The shareholders of Al Wathba National Insurance Co, listed on the Abu Dhabi Stock Exchange (ADX), approved on Sunday the issuing of unconvertible bonds at a total value of $150 million. Al Wathba noted that its ordinary general meeting …
Companies Investments
Net profits reached AED nearly 30 million in Q2-17
15 August 2017 10:14 PM AWNIC profits up 21% in Q2-17
Abu Dhabi - Mubasher: The financial statements of Al Wathba National Insurance Company (AWNIC) showed an increase in net profits by 21% year-on-year during the second quarter of 2017, according to a bourse filing. The company said in a statement …
Financial Results
Al Wathba's headquarter (Photo Credit: Company Website)
17 May 2017 08:42 AM S&P cuts Al Wathba ratings to 'BBB'
Abu Dhabi – Mubasher: S&P Global Ratings has lowered Al Wathba National Insurance Company’s (AWNIC) long-term counterparty credit and insurer financial strength ratings to “BBB” from “BBB+”, with a “Negative” outlook, according to a statement. …
Ratings
Al Wathba generated net profits of AED 55.11 million in 2016 (Photo Credit: Company Website)
16 May 2017 07:53 AM Al Wathba National profits decline in Q1
Abu Dhabi – Mubasher: Al Wathba National Insurance Co (AWNIC) posted a 59% year-on-year decrease in its profits during the first quarter of 2017, according to a bourse statement. Profits reached AED 14.04 million ($3.82 million) in Q1-17, compared …
Financial Results
(Photo Credit: Company Website)
18 April 2017 03:19 PM Al Wathba Insurance OKs 15 fils/shr dividends
Abu Dubai- Mubasher: Al Wathba National Insurance Co’s (AWNIC) shareholders approved on Monday a cash dividend of 15 fils per share or 15% of the capital, according to a press release. Dividends amount to AED 31.05 million, as the company’s …
Cash Dividends
Al Wathba's headquarter (Photo Credit: Company Website)
14 March 2017 08:36 AM Al Wathba proposes 15% dividends for 2016
Abu Dhabi – Mubasher: Al Wathba National Insurance Co (AWNIC) said its board recommended on Monday, 14 March, 15% cash dividends or 15 fils per share for fiscal year 2016, according to a bourse statement. Proposed dividends stand at a total of AED …
General Assembly
Al Wathba generated net profits of AED 55.11 million in 2016 (Photo Credit: Company Website)
13 February 2017 11:44 AM Al Wathba sees lower losses in Q4
Abu Dhabi – Mubasher: Al Wathba National Insurance Co. (AWNIC) trimmed it losses by 94.3% in the fourth quarter of 2016, according to a bourse statement. Losses reached AED 76,000 ($20,700) in Q4-16, compared to AED 13.45 million ($20,700) in …
Financial Results
Al Wathba National Insurance Company's headquarters (Photo credit: Company website)
22 December 2016 09:13 AM S&P confirms AWNIC rating for 3rd straight year
Abu Dhabi – Mubasher: Ratings agency Standard & Poor's has confirmed Al Wathba National Insurance Company's (AWNIC) rating at 'BBB+' with a stable outlook for the third consecutive year. "This rating reflects the company's high solvency backed by …
Ratings
Al Ramz’s capital amounts to AED 549.91 million (Photo Credit: Company Website)
14 December 2016 09:12 AM Al Wathba acquires 5% stake in Al Ramz Corporation
Abu Dhabi – Mubasher: Al Wathba National Insurance Co. (AWNIC) purchased a 5% stake, equivalent to 25 million shares, in Al Ramz Corporation Investment and Development, according to a statement. Al Ramz’s capital amounts to AED 549.91 million, …
Companies Investments
The company suffered AED 2.84 million ($773,000) losses in the Q3-16- (Photo credit: Company Website)
14 November 2016 09:49 PM Al Wathba losses down 83% in Q3
Abu Dhabi - Mubasher: Al Wathba National Insurance Company's losses dropped 83% year-on-year in the third quarter of 2016. The company suffered AED 2.84 million ($773,000) losses in the Q3-16 down from AED 16.61 million ($4.5 million) in the same …
Financial Results
Photo Credit: Arabianeye-Reuters
14 August 2016 02:21 PM Al Wathba profits down 41% in Q2
Abu Dhabi - Mubasher: Al Wathba National Insurance Company posted a 40.9% decline in profits in the second quarter of 2016, to AED 24.53 million ($6.68 million) down from AED 41.47 million ($11.29 million) in the same period last year. As for the …
Financial Results
Al Wathba's headquarter (Photo Archive)
16 May 2016 09:05 AM Al Wathba National posts higher profits in Q1
Abu Dhabi-Mubasher: Al Wathba National Insurance Company (AWNIC) reported a 409.3% rise in its first-quarter profits, according to a bourse statement. Profits reached AED 34.18 million ($9.31 million) in Q1-16, compared to AED 6.71 million ($1.83 …
Financial Results
Al Wathba's headquarter (Photo Credit: Arabianeye-Reuters)
21 April 2016 00:09 PM Al Wathba National shareholders raise dividends
Abu Dhabi-Mubasher: Al Wathba National Insurance Company (AWNIC) increased its dividends for 2015 to be paid in cash at 10% of capital, 2.25% up from a year earlier, according to a bourse statement. The payout approved by shareholders will total …
Cash Dividends
Photo Credit: Al Wathba
28 March 2016 01:07 PM Al Wathba approves dividends for 2015
Abu Dhabi-Mubasher: The shareholders of Al Wathba National Insurance Company (AWNIC) will discuss the cash dividends for 2015, according to a bourse filing. The proposed dividends stand at 7.50% of the company’s capital, equivalent to AED 15.525 …
General Assembly
Photo Archive
15 February 2016 00:54 PM Al Wathba Insurance losses shrink in Q4
Abu Dhabi - Mubasher: Al Wathba National Insurance Company (AWNIC) incurred losses of AED 23.6 million in the fourth quarter of 2015,  compared to AED79.7 million in the year-ago period, according to company’s statement on Monday. The company …
Financial Results
Photo credit: Arabianeye - Reuters
15 November 2015 08:53 AM Al Wathba Insurance 9M profit shrinks by 83%
Abu Dhabi – Mubasher: Al Wathba National Insurance Company (AWNIC) net profit declined by 83% in the first nine months of 2015, compared to the same period last year. Profit slipped to AED 31.5 million ($8.5 million) down from AED 188.7 million …
Financial Results
Photo Credit: Arabianeye-Reuters
29 July 2015 08:40 AM Al Wathba Insurance profits plunge 68% in H1
  Abu Dhabi – Mubasher: Al Wathba National Insurance Company (AWNIC) posted a net profit of AED 48.18 million ($13.12 million) in the first six months of 2015, registering a sharp decline of 68.17% from AED 151.36  million ($41.2 million) in …
Financial Results
Photo Credit: Arabianeye-Reuters
14 May 2015 09:15 AM Al-Wathba Insurance profits plunge 91% in Q1
Abu Dhabi – Mubasher: Al-Wathba National Insurance Company (AWNIC) reported a profit drop of 91% in the first quarter of 2015, down to AED 6.7 million ($1.8 million) from AED 74.66 million ($20.3 million) in the same period last year, according to …
Company News
Photo Credit: Arabianeye-Reuters
13 May 2015 08:32 AM UAE markets await Aldar, DSI financials today
United Arab Emirates – Mubasher: Investors are anticipating the announcement of several important companies’ financials on both UAE markets on Wednesday.Abu Dhabi’s top developer Aldar Properties’ board is scheduled to convene today to discuss and …
Company News
Archived photo for Al Wathba National Insurance Company
21 April 2015 10:41 AM UAE’s Wathba Insurance eyes opportunity at home, abroad
By: Ramy SameehAbu Dhabi – Mubasher: Al Wathba National Insurance Company (AWNIC) is examining new investment opportunities both locally and abroad while focusing on expansions within the UAE, the company’s general manager, Bassam Chilmeran, …
Company News
Archived photo of Al Wathba National Insurance Company
20 April 2015 04:18 PM Al Wathba Insurance OGM OKs AED 31m for 2014
 By: Ramy SameehAbu Dhabi – Mubasher: Shareholders at Abu Dhabi-listed Al Wathba National Insurance Company (AWNIC) have approved a 15% cash dividend, amounting to 15 fils per share and totalling AED 31 million, for 2014.Dividends were …
Company News
Photo Credit: Arabianeye-Reuters
19 February 2015 11:01 AM Wathba Insurance proposes AED31m dividends
 Abu Dhabi – Mubasher: The Board of Directors of Al Wathba National Insurance Company (AWNIC) has set April 20, 2015 as the date for the ordinary general meeting (OGM). The Board also recommended a cash dividend of 15% or AED 0.15 per share, …
Financial Results
Photo Credit: Arabianeye-Reuters
19 February 2015 10:48 AM Wathba Insurance sees 28% profit drop in 2014
 Abu Dhabi – Mubasher: Al Wathba National Insurance Company (AWNIC), listed on the Abu Dhabi Securities Exchange (ADX), has reported a 28% profit drop in 2014 to AED 109.05 million ($29.6837 million) compared to AED 152.401 million ($41.4840 …
Financial Results