News Middle East15 Feb 2024

Qatar:QIC's profitability rebounds strongly in 2023

| 15 Feb 2024

Sheikh Hamad bin Faisal Al Thani, chairman of QIC Group

Qatar Insurance Company (QIC Group, QIC), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported net profits of QAR615m ($169m) for 2023, compared to a net loss of QAR1,183m for 2022, according to a statement issued by the company.

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