The combined profits in the insurance sector listed on the Qatar Stock Exchange rose by 15.84% to QAR1.5bn ($411m) in 2025 from QAR1.3bn in 2024, according to financial data filed by the companies with the bourse.
The combined profits in the insurance sector listed on the Qatar Stock Exchange rose by 15.84% to QAR1.5bn ($411m) in 2025 from QAR1.3bn in 2024, according to financial data filed by the companies with the bourse.
There are seven listed insurers, namely, Qatar Insurance, Doha Insurance, Qatar General Insurance and Reinsurance (QGRI), Alkhaleej Takaful, Islamic Insurance Group, Damaan Islamic Insurance “Beema”, and QLM Life & Health Insurance.
The listed insurance sector’s performance was due to QGRI’s net profits soaring by nearly 330% in 2025, compared to 2024. The company’s profits reached QAR124.39m in 2025 from QAR28.97m in 2024. This performance was primarily driven by a sharp reduction in operational costs.
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Summary of net profits of listed insurance companies in Qatar (QAR ‘000)
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|
Insurer
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2025
|
2024
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Change %
|
Change QAR’000
|
|
QATI
|
Qatar Insurance
|
790,536
|
725,320
|
8.99%
|
65,216
|
|
DOHI
|
Doha Insurance
|
202,688
|
190,398
|
6.45%
|
12,290
|
|
QGRI
|
Qatar General Insurance & Reinsurance
|
124,386
|
28,963
|
329.47%
|
95,423
|
|
AKHI
|
Alkhaleej Takaful
|
71,128
|
74,267
|
-4.23%
|
-3,139
|
|
QISI
|
Qatar Islamic Insurance
|
152,670
|
128,457
|
18.85%
|
24,213
|
|
QLMI
|
QLM Life & Medical Insurance
|
65,549
|
65,050
|
0.77%
|
499
|
|
BEMA
|
Beema
|
95,558
|
84,628
|
12.92%
|
10,930
|
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Total
|
|
1,502,515
|
1,297,083
|
15.84%
|
205,432
|