Al Fujairah National Insurance

AFNIC serves a multitude of clients across a wide-spectrum of industries throughout the UAE. Established in 1976, under the patronage of the Ruler of Fujairah, AFNIC is a Public Shareholding Company, registered under the Federal Company Law, and Federal Insurance Law with the Government of Fujairah as the major Shareholders (with over 80% share). AFNIC has a wide network of full-fledged branch offices spread throughout the UAE. It has an active presence in Abu Dhabi, Dubai, Sharjah, Dibba, and Fujairah, offering all their services under one roof for the convenience of customers. Customers can also avail of AFNIC's products from the Insurance ATMs (a revolutionary concept - first-of-its-kind in the world), which is available at various Petrol Stations in Dubai. The company writes all classes of Property and Casualty insurances, including Motor Vehicles and Marine Vessels, to Jet Aircrafts, Port Operators' Liability, Group Life, Medical, and much more. AFNIC is supported by a panel of strong Reinsurance securities, and is backed with expertise of over 35 years. It has a Paid-up Capital of AED 100 Million and a total Assets of over AED 400 Million. The Company is listed on the Abu Dhabi Stock Market in the year 2007. 'Leading Rating Agency Moody's has assigned Baa1 Rating (with stable outlook) to AFNIC,