Qatar: QIC earns MSCI's highest ESG rating
Source: Middle East Insurance Review | Sep 2025
Qatar Insurance Group (QIC) has achieved the prestigious (p) ‘AAA’ ESG rating from MSCI ESG Research-the highest possible rating under MSCI’s globally recognised environmental, social, and governance (ESG) framework.
In a statement, QIC said, “This exceptional milestone places QIC among the world’s top-performing insurers for ESG excellence and governance resilience. It also solidifies QIC’s position as the first company in Qatar and the only insurer in the MENA region to receive a provisional ESG ‘AAA’ rating from MSCI*, joining an elite group of property and casualty insurers worldwide to earn this distinction.”
Effective as of 22 May 2025, the rating highlights QIC’s outstanding performance across key ESG pillars:
- Privacy & Data Security: Robust data protection measures, world-class cybersecurity infrastructure, and regulatory compliance.
- Human Capital Development: Strong employee engagement, inclusive talent strategies, and proactive feedback channels.
- Corporate Behaviour: A well-established culture of ethical integrity, anti-corruption frameworks, and a governance track record free of controversies.
“The State of Qatar is a proud signatory to the Paris Agreement, and at QIC Group, we have aligned our sustainability strategy with the United Nations Sustainable Development Goals, the Qatar Stock Exchange’s ESG reporting guidelines, and the Qatar Central Bank’s directives to strengthen sustainable practices in the financial sector,” QIC Group CEO Mr Salem Al Mannai said.
He also said, “In today’s environment—shaped by climate risk, rising societal expectations, and increased investor focus—ESG excellence is no longer optional. It is a strategic priority that defines long-term value, resilience, and reputation. M