Qatar Insurance posts 9% profit growth in 2025, eyes more gains via Saudi branch
Source: Middle East Insurance Review | Mar 2026
Qatar Insurance (QIC), one of the largest insurance companies in the MENA region, has reported a net profit attributable to shareholders of QAR791m ($217.3m) for the financial year 2025, rising by 9% from QAR725m in 2024.
Aside from net profits attributable to shareholders, the highlights of QIC’s 2025 financial performance include:
- Net profit before Pillar Two taxes up by 19% from 2024 to QAR874m (The Pillar Two tax framework requires multinational corporations operating in or from Qatar to comply with a global minimum effective tax rate of 15% for financial reporting purposes under IAS 12)
- Gross written premiums (GWP) grew to QAR9.9bn, a 9% increase compared to 2024
- Insurance service results (ISR) stood at QAR506m
- Investment and other Income of QAR993m, up by 1% year on year-on-year
- Return on investment of 5.1%, compared to 5.0% for 2024
- Proposed cash dividend distribution of 11% for the year ended 2025
Commenting on the financial results, QIC Group Chairman Sheikh Hamad bin Faisal Al Thani said, “2025 has been another excellent year for QIC. On the results side, the company is again proud to deliver a double-digit bottom-line growth and higher earnings for shareholders, derived from a strong, balanced underwriting portfolio and expertly-managed investments. On the client side, the company continues to trailblaze client-centricity and service and product excellence through its commitment to innovation and digital transformation, including through the integration of AI technologies.” M