Qatar: QIC Group reports 6% rise in net profit for 1H2025

Source: Middle East Insurance Review | Oct 2025

QIC Group reported a net profit of QAR383m ($105m) for the first half of 2025, a rise of 6% from QAR360m for the corresponding period in 2024.

Other 1H2025 highlights are:

Gross Written Premiums (GWP) totalled QAR 5.7bn, a 17% year-on-year increase.
The Group has posted insurance service results of QAR221m in H1 2025.
60% of the Group’s GWPs were derived from its domestic and MENA operations, with 40% from international business.
Investment and other Income rose by 7% year on year to QAR496m.
Return on Investment was 5.2%, compared to 4.7% in 1H2024.

In alignment with QIC’s long-term GCC growth strategy, QIC presented a comprehensive proposal to establish a branch operation in Saudi Arabia. The company made a stock exchange disclosure in May 2025, stating that its board had approved the establishment of a branch in Saudi Arabia. M

Comment | Print

Name*

Email*

Comment*

Code Verification*

Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.