AL

Al Wathba National Insurance

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Abu Dhabi insurance company founded in 1996

Fintech Abu Dhabi, UAE Founded 1996

About Al Wathba National Insurance

Al Wathba National Insurance Company is an Abu Dhabi insurer founded in 1996 and listed on the Abu Dhabi Securities Exchange. Al Wathba is an area on the outskirts of Abu Dhabi city, known for its wetland reserve and camel racing track.

The company writes general insurance, covering motor, property, engineering, marine, liability, general accident and medical lines.

Its client base includes businesses in Abu Dhabi's construction, industrial and services sectors, along with individuals buying motor and health cover.

Engineering insurance protects machinery and construction projects, while marine policies cover goods moving through the UAE's ports.

In recent years, UAE insurers have faced pressure to improve profitability and meet stricter regulatory standards, and many have focused on underwriting discipline and investment management.

Insurers with strong ties to their home emirate often benefit from long relationships with local companies and government-related entities.

The Central Bank of the UAE supervises insurers, setting rules for solvency, governance and consumer protection.

Startups UAE lists Al Wathba National Insurance among Abu Dhabi's insurance companies.
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