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 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.
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