Al Wathba National Insurance Co
Al Wathba National Insurance Co is a United Arab Emirates insurance company headquartered in Abu Dhabi.
Last updated August 25, 2026
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Overview
Al Wathba National Insurance Co P.S.J.C. (AWNIC) is a United Arab Emirates insurance company established in 1996 and based in Abu Dhabi. The company serves individual, family, and corporate customers through a range of insurance products. Its documented business includes life insurance, medical insurance, and personal-line and commercial coverage such as motor, property, engineering, energy, marine, and marine-cargo insurance. This portfolio gives AWNIC a broad position across retail protection and business-risk coverage rather than limiting the company to a single specialist segment. AWNIC operates in the context of the United Arab Emirates insurance market, where insurers provide protection for personal assets, vehicles, health-related needs, business property, infrastructure, industrial activity, and maritime trade. Public reference material identifies Sheikh Saif Bin Mohamed Bin Butti Al Hamed as chairman and Bassam Chilmeran as chief executive officer. Beyond these leadership details and its product categories, the supplied reference material provides limited information about ownership, financial performance, distribution channels, corporate milestones, advertising campaigns, or expansion outside the United Arab Emirates. Accordingly, AWNIC is best described as an active UAE-based national insurer with a diversified general and personal insurance offering, while several corporate and historical details remain undocumented in the available sources.
History
Al Wathba National Insurance Co P.S.J.C. was established in 1996 in the United Arab Emirates. Its registered head office is in Abu Dhabi, the country's capital and an important center for government, finance, commerce, and insurance activity. The company was created as a national UAE insurer and developed a broad business scope serving both private customers and organizations. Available reference material describes activity across life and medical insurance as well as a substantial range of general-insurance lines. These include motor and property coverage for personal and commercial assets, engineering and energy insurance for technical and industrial risks, and marine and marine-cargo insurance connected with shipping and traded goods. The breadth of these lines indicates a multi-line insurance model combining personal protection with commercial and specialty-risk underwriting. Publicly available information supplied for this entry does not document the company's founder, ownership structure, detailed financial history, branch network, major acquisitions, or specific product-launch chronology. It does identify Sheikh Saif Bin Mohamed Bin Butti Al Hamed as chairman and Bassam Chilmeran as chief executive officer. No verified campaign history, controversy record, or major strategic transaction was included in the available reference material. AWNIC is therefore documented here primarily through its establishment, Abu Dhabi base, leadership, and diversified insurance portfolio.
- 1996
Company established
[1]Al Wathba National Insurance Co. was established in the United Arab Emirates.
Products and positioning
A UAE-based national insurer offering a diversified portfolio for individual, family, and corporate customers across life, medical, motor, property, engineering, energy, and marine risks.
Personal insurance
Life insurance
AWNIC lists life insurance among its services for individual and family customers. The available reference does not specify policy structures, benefits, exclusions, distribution channels, or product names.
Health insurance
Medical insurance
Medical insurance is part of the company's offering for individuals, families, and corporate clients. The supplied material does not provide further details about plans, networks, eligibility, or claims arrangements.
General insurance
Motor insurance
Motor insurance is identified as one of AWNIC's personal-line products. The reference material does not distinguish between private-vehicle and fleet policies or describe specific coverage options.
General insurance
Property insurance
Property insurance forms part of the company's broader personal and commercial insurance portfolio. No detailed information is available in the supplied sources on insured assets, policy limits, or claims terms.
Commercial and specialty insurance
Engineering and energy insurance
AWNIC provides engineering and energy insurance for corporate and industrial risks. The available material names these lines but does not identify particular sectors, projects, underwriting partnerships, or product variants.
Marine insurance
Marine and marine cargo insurance
Marine and marine-cargo insurance extend the company's portfolio to maritime assets, transport risks, and goods in transit. Specific policy wording, geographic scope, and customer segments are not described in the supplied reference.
Sources1 sources
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