ADNIC Expands Global Footprint with New Reinsurance Branch in India’s GIFT City

Abu Dhabi: Abu Dhabi National Insurance Company (ADNIC), a leading regional multi-line insurance provider, has officially secured regulatory approval to establish a presence in India. The company has been granted a license to conduct reinsurance business from GIFT City, India’s premier International Financial Services Centre (IFSC) in Gujarat, effective April 1, 2026.

This move marks a significant milestone in ADNIC’s proactive international expansion strategy and follows its successful recent entry into the Saudi Arabian market.

Strategic Entry into High-Growth Markets:
The establishment of the India branch is designed to build upon ADNIC’s existing cross-border reinsurance operations in the region. By securing a physical and regulatory foothold in GIFT City, ADNIC aims to:

Diversify Revenue Streams: Tapping into one of the world’s fastest-growing insurance markets.

Enhance Service Capabilities: Providing localized support and tailored solutions for clients across the Indian subcontinent.

Strengthen Bilateral Ties: Supporting the broader economic partnership between the UAE and India as both nations strive to increase trade and investment.

A Commitment to International Resilience:
ADNIC’s expansion highlights the robustness of the UAE’s corporate sector. Despite a complex regional landscape, UAE-based companies continue to pursue global strategic priorities. The move reinforces ADNIC’s status as a regional powerhouse with a rapidly growing international network, which currently includes physical offices in the UAE, Saudi Arabia, and the United Kingdom.

Charalampos Mylonas, Chief Executive Officer of ADNIC, remarked on the achievement:

“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. Our focus remains on delivering reliable, tailored insurance solutions and maintaining operational resilience.”

Building on Global Expertise:
As a provider of insurance and reinsurance coverage worldwide, ADNIC’s entry into India is seen as a natural progression of its global mission. By integrating into the IFSC ecosystem in Gujarat, ADNIC joins an elite group of international financial institutions leveraging India’s strategic financial hub to facilitate global capital flows and risk management.

The new branch is expected to act as a bridge, fostering greater collaboration between Middle Eastern capital and Indian infrastructure and corporate risks, ultimately contributing to the maturity and depth of the regional reinsurance market.