Browsing: Insurance

Q1 2026 highlights QIC delivered stable financial results despite a turbulent first quarter marked by geopolitical tensions and the conflict in the Middle East. Gross Written Premiums (GWP) totalled QAR 3.2 billion, up by 13% year-on-year. QIC reports an Insurance Service Result of QAR 130 million, a significant increase of 70% year-on-year. Net profit reached QAR 217 million, up by 6% year-on-year. Investment Income amounted to QAR 238 million, a 10% year-on-year increase. Doha, 03 May 2026 – Qatar Insurance (QIC) the leading insurer in Qatar and the Middle East and North Africa (MENA) region, today reported a Net Profit o

Program membership exceeds 60,000 within the first 12 months The program transforms customers’ insurance transactions into rewarding journeys Doha, Qatar – 27th April 2026: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, announced that its “Coins” loyalty rewards program has surpassed 300 million points earned, marking a significant milestone achieved within just one year of its launch. Active membership in the program exceeded 60,000 members during its first 12 months, reflecting the strong trust it has earned among QIC customers, as well as the value it delivers in enhancing their experien

Doha, Qatar – 14th April 2026: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has been named “Digital Insurer of the Year in Qatar” and “Best Insurance App in Qatar” at The Asset Triple A Digital Finance Awards 2026. This recognition highlights QIC’s key role in redefining the insurance and digital services landscape in Qatar, by building the first all-in-one digital ecosystem that combines both insurance and non-insurance daily services on a single platform. Commenting on this achievement, Mr. Salem Al Mannai, Group CEO of QIC, said: “Winning these two prestigious accolades unde

Shareholders approve 11% cash dividend distribution for FY2025 Doha, Qatar – 15 March 2026 – Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, held its Annual General Assembly (AGM) and Extraordinary General Assembly (EGM) meetings on Thursday, 12 March 2026, virtually via Microsoft Teams. The meetings were chaired by His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani, Chairman of the Board of Directors of Qatar Insurance, and were attended and participated in by members of the Board, executive management, shareholders, and representatives of regulatory authorities. During the AGM, shareholde

Doha, Qatar – 26th February 2026: Qatar Insurance (QIC), the leading insurer in Qatar and the Middle East and North Africa region, has been crowned “Insurer of the Year” in the region at the MENA II Awards 2026. The company has also been named “Motor Insurer of the Year” in the region, in addition to winning the “Insurer of the Year” in Qatar title for the fifth consecutive year. This prestigious recognition highlights QIC’s role in reshaping the insurance landscape across the MENA region, and its success in building the region’s first insurance-powered digital ecosystem. In this context, QIC

H.E. Sheikh Hamad bin Faisal Al Thani Delivers the Opening Keynote Doha, Qatar – Thursday 12 February 2026 The 2026 Marsh Energy Industry Summit, held under the theme “Resilience in a Volatile World,” concluded yesterday at Marsa Malaz Kempinski, The Pearl, Doha, convening senior leaders from across the energy value chain, alongside experts in insurance, risk advisory, and strategic consulting from Qatar and the wider region. Held with Qatar Insurance (QIC) as Diamond Sponsor, the summit provided a high-level platform to examine the structural shifts reshaping the global energy landscape — from geopolitical realignm

Doha, Qatar – 28 January 2026: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has announced its participation as a Diamond Sponsor in Web Summit Qatar 2026, taking place from 1 to 4 February at the Doha Exhibition and Convention Center. Marking its third participation in the largest global tech event hosted in Doha, QIC will showcase its journey to build the region’s first insurance-powered digital ecosystem. The participation will also highlight the company’s transition from being primarily an insurance provider to becoming a fully integrated ecosystem, and how this shift has redefined digital service

For the Third Consecutive Year at the World Finance Awards 2025 Doha, Qatar – 22 December 2025: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has been named “Best General Insurance Company in Qatar” at the World Finance Awards 2025. This prestigious recognition highlights QIC’s contributions to the development of the national insurance landscape by providing solutions that effectively respond to the evolving needs of individuals in Qatar, empowering everyone to live with peace of mind. Winning this accolade for the third consecutive year also reflects QIC’s ability to cement its leaders

The feature allows users to stay up to date with the latest local events and book their tickets via trusted partners Doha, Qatar – 26 November 2025: Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has introduced the new “Events” feature on QIC App, in line with the company’s vision to redefine Qatar’s digital services landscape through constantly upgrading customer journeys on one of the country’s fastest-growing platforms. The new feature allows users to stay up to date with the latest events in Qatar, offering an integrated browsing experience that eliminates the need to switch bet

Forbes Middle East has named Salem Al Mannai, Group CEO of Qatar Insurance (QIC), as one of its “Top 100 CEOs in the Middle East,” notably, the only leader from the region’s insurance sector to earn a place in this year’s ranking. The 2025 list highlights CEOs who are redefining the region’s power corridors through business performance and contributions to national development, industry transformation, and global competitiveness. This year’s edition emphasizes the Middle East’s accelerating focus on diversification, artificial intelligence, and sustainability, areas in which QIC has made notable pr