In line with its international expansion strategy, UAE-based Abu Dhabi National Insurance Company (ADNIC), has received the license to operate in GIFT City, India’s first International Financial Services Centre (IFSC) in Gujarat.

This development for ADNIC, a multiline regional insurance provider, highlights the company’s position as a regional insurer with an expanding international footprint.

ADNIC receiving the license to undertake reinsurance business from GIFT City will be effective from April 1, 2026,

Charalampos Mylonas, Chief Executive Officer, ADNIC, said, “Receiving the licence to operate in GIFT City represents an important milestone in ADNIC’s international growth journey. It reinforces our long-term commitment to supporting clients and partners in India, while further strengthening UAE–India economic ties. As we continue to expand our global footprint, our focus remains on delivering reliable, tailored insurance solutions and maintaining operational resilience in a rapidly evolving market environment.”

ADNIC has been providing insurance and reinsurance coverage worldwide, operating from offices across the UAE, Saudi Arabia, and the UK. ADNIC entered the Saudi Arabia market recently.

The Indian branch is expected to contribute to strengthening economic ties between the UAE and India, while supporting the insurer’s long-term growth in its mission to expand its international network. – Image credit: Wikipedia – editor@nrifocus.com