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Qatar tag returned 114 results

  • Qatar: Local takaful companies post aggregate US$31m in surpluses in 2021

    The five local takaful companies in Qatar's market insurance continued to achieve insurance surpluses, which amounted to a total of QAR113m ($31m) in 2021, according to the Islamic Finance Report 2021 published recently.

    Middle East | 05 Sep 2022
  • Qatar: Labour ministry discusses proposal for insurance cover for domestic workers

    The Ministry of Labour has held a meeting with the trade body Qatar Chamber in which both sides discussed a proposal for insurance cover for domestic workers in Qatar, that would be issued in joint coordination between insurance companies and manpower recruitment offices.

    Middle East | 31 Aug 2022
  • Qatar: Proposed merger, when completed, will create biggest insurer

    Gulf International Services (GIS) and Doha Insurance Group have announced that they intend to engage in initial negotiations on a potential all-share merger of Al Koot Insurance and Reinsurance Company, a wholly owned subsidiary of GIS, with Doha Insurance Group.

    Middle East | 28 Aug 2022
  • GCC: Takaful sector's net earnings expected to remain modest in 2022-2023

    The Islamic insurance sector in the GCC is expected to see gross written premiums/contributions (GWP/C) expand about 10% in 2022 and 5%-10% in 2023, says a new S&P Global Ratings report.

    Middle East | 18 Aug 2022
  • Qatar: Doha Insurance produces strong topline and profits in 1H2022

    Doha Insurance Group has seen its gross written premium (GWP) climbing by 49% to QAR859m ($236m) and net profit jumping 48% to QAR60mn in the first half of the year, driven mainly by growth in sales, claims control and diversification in underwriting.

    Middle East | 15 Aug 2022
  • Qatar: QIC Group net profit rises 14% to US$110m in 1H2022

    Doha-headquartered Qatar Insurance Company (QIC), the leading insurer in Qatar and the Middle East North African (MENA) region, has registered a strong net profit of QAR401m ($110m) for the first half of this year which ended on 30 June 2022. This represents a 14.2% jump from QAR351m posted for the corresponding half last year, despite challenges in the global environment.

    Middle East | 10 Aug 2022
  • Qatar: QIC Group co-hosts InsturTech MENA Summit 2022

    The Qatar Insurance Group (QIC Group), the leading insurer in Qatar and the MENA region, has co-organised the InsurTech MENA Summit 2022

    Middle East | 28 Jun 2022
  • Qatar: QIC launches all-inclusive online insurance portal

    Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of an all-inclusive online portal, offering a digital solution to buy and renew insurance policies in Qatar.

    Middle East | 31 May 2022
  • Qatar: Insurance sector in good stead in 1Q2022

    Qatar's insurance companies witnessed robust growth in net premium, while their net claims declined steeply in the first quarter of 2022, according to data released by the Qatar Central Bank (QCB).

    Middle East | 16 May 2022
  • Qatar: Compulsory Health Insurance Law is in effect

    The Qatari Compulsory Health Insurance Law entered into force on 6 May, in implementation of a decree issued by the Emir of the country, Sheikh Tamim bin Hamad, late last year.

    Middle East | 10 May 2022