News Middle East02 May 2024

Qatar:QIC reports 11 % growth in 1Q net profits to over US$53m

| 02 May 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 a net profit of QAR194m ($53.3m) for the first quarter of 2024, 11% higher than the QAR175m posted for the corresponding quarter in 2023.

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