22
Apr
Abu Dhabi National Insurance Company (ADNIC) has received regulatory approval to establish a branch in India’s International Financial Services Centre at GIFT City, marking a key milestone in its international expansion. The licence, effective April 1, 2026, allows the company to undertake reinsurance business from India. The move builds on ADNIC’s existing cross-border reinsurance operations in India and follows its recent expansion into Saudi Arabia. The India branch is expected to diversify revenue streams and enhance service capabilities across high-growth markets, while strengthening economic ties between the UAE and India. ADNIC said the development aligns with its long-term growth strategy…
