ADNIC the best Middle East Insurance Company for the year 2010

Abu Dhabi, Nov 7, 2010 (WAM) - Abu Dhabi National Insurance Company (ADNIC), one of the leading insurance companies in the UAE, receives for the second consecutive year the prominent award of "Middle East Insurance Company of the Year 2010" from World Finance Magazine at the London Stock Exchange.
The award, which was presented to ADNIC's CEO Walid Sidani and Deputy CEO - Non-Marine Ahmad Idris, recognises the company's financial stability, coherent development strategy, product innovation, exceptional response to customer needs, and enhanced quality service.
ADNIC has recently received high ratings from Standard '&' Poor's (S'&'P) and A.M. Best Company. S'&'P reaffirmed the company's financial strength rating as Strong (A-) and raised its outlook from Stable to Positive. A.M. Best Company rated ADNIC's financial strength at an A (Excellent) and gave it an issuer credit rating (ICR) of an "A" with a stable outlook on both ratings. – Emirates News Agency, WAM