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Qatar tag returned 68 results

  • Qatar: Success of medical insurer's IPO reflects demand for health protection

    QLM Life & Medical Insurance's stock closed at QAR3.90 ($1.07) on its first day of trading on Qatar's stock exchange last Wednesday. This represented a 23.8% increase over the issue price of the stock.

    Middle East | 17 Jan 2021
  • Qatar: Insurers will benefit from lifting of embargo

    Qatari insurers are likely over time to benefit from more regional travel, tourism, and possibly trade, which could lead to an increase in insurable risks and consequently premium income, as a result of Saudi Arabia's reopening of its airspace, sea and land borders to Qatar, S&P Global Ratings says.

    Middle East | 12 Jan 2021
  • GCC: Saudi Arabia and Qatar end blockade

    Saudi Arabia and Qatar have re-opened their airspace, sea and land borders in the first step toward ending a years-long diplomatic dispute.

    Middle East | 06 Jan 2021
  • Qatar: QIC Group to focus on lines with low volatility

    While Qatar Insurance Company's (QIC) business mix has been volatile in recent years, the group plans to focus on low volatility lines, with almost half of GWP emanating from motor insurance in the UK, continental Europe and the Middle East, the international credit rating agency AM Best says in a report released last month.

    Middle East | 05 Jan 2021
  • Qatar: IPO-ready insurer to continue to digitise member engagement, expand provider network

    QLM Life and Medical Insurance, which aims to raise QAR659.4m ($181m) through an initial public offering (IPO), has adopted a two-pronged strategy of investing in IT platforms for member engagement, and expanding its provider network.

    Middle East | 10 Dec 2020
  • Qatar: QLM Life & Medical to be listed

    Qatar Insurance's (QIC) QLM Life and Medical Insurance plans to list on the local stock exchange and raise QAR659.4m ($180m) through an initial public offering, reported Reuters.

    Middle East | 08 Dec 2020
  • Qatar: QIC Group increases premiums by 4% but posts loss for 9M2020

    Qatar Insurance Company (QIC), a leading insurer in Qatar and the Middle East North African (MENA) region, has posted Gross Written Premiums which grew by 4% to QAR10.2bn ($2.8bn) for the first nine months of 2020, primarily driven by hardening of rates in commercial insurance and reinsurance.

    Middle East | 29 Oct 2020
  • Qatar: Takaful sector increases contributions by 5.5% in 2019

    The contributions generated by the five takaful companies operating in the domestic market in Qatar amounted to over QAR1.29bn ($355m) in 2019, representing growth of 5.5% compared to the previous year, according to an analysis by Bait Al Mashura Finance Consultations.

    Middle East | 01 Oct 2020
  • Qatar: QLM Life and Medical Insurance expands global medical network

    QLM Life and Medical Insurance, which is part of the Qatar Insurance group, has announced the expansion of its global medical network.

    Middle East | 21 Sep 2020
  • Qatar: QIC posts double-digit GWP growth in 1Q, net results turn red

    Qatar Insurance Company (QIC), the leading insurer in Qatar as well as the Middle East North African region, witnessed a robust 13% year-on-year jump in gross written premium (GWP) to QAR7.2bn ($2bn) in the first half of this year despite challenging market conditions.

    Middle East | 28 Jul 2020