Qatar Insurance Company Rights issue subscription has been successfully concluded with an oversubscription

The management of QIC stated that its rights issue has been concluded and the capital of the company is QR 1,284,323,040. This Rights issue has been approved during the conducted Extra Ordinary General Assembly meeting of the company which was held on 17th February 2013. The rights issue was open for subscription from March 4th to March 25th 2013 through Qatar national Bank and the number of shares offered for public subscription in the rights issue was 21,405,384 ordinary shares, the total subscription reached QR 1,574,668,800 with a number of shares ordered 34,992,640. [more info]

QIC Group release first quarter results for 2013

QIC releases first quarter results for the month ending 31-March-2013.

QIC Group and Oliver Wyman sign Consultancy Contract

Qatar Insurance Group and leading consultants Oliver Wyman have signed a contract for Consultancy Services to encompass the Design of a new Group “Target Operating Model”.

Qatar Insurance Company announces its intent to disclose first quarter financial results for the year 2013 on Tuesday, April 16, 2013.

Gunther Saacke appointed CEO of Q-Re

Doha, Qatar, 25 February 2013 – Q-Re’s Board of Directors today announced the appointment of Gunther Saacke as Chief Executive Officer of Q-Re, effective February 24^th 2013. Gunther Saacke will lead a team of senior and well-known reinsurance professionals in order to transform Q-Re into a global multi-line reinsurer with a focus on specialty lines. The new CEO and his team are committed to establishing Q-Re as a leading global reinsurance franchise based in Doha, Qatar, with offices in Zurich, London and Bermuda.

CORPORTATE GOVERNANCE REPORT

In accordance with the requirements of Article (30) of the Corporate Governance Code for listed companies in markets that are subject to the supervision of the Qatar Financial Markets Authority (QFMA), the Board of Directors of Qatar Insurance Company are pleased to provide its annual corporate governance report for the year 2012 which repeats some information for the benefit of shareholders and new investors, though provided in the earlier year‟s report by the Company.

Board Of Directors Final Report - 2012

The directors of Qatar Insurance Company (QIC) are pleased to present the 48th Annual report and Financial Statements for the year ended December 31, 2012.

QIC General Assembly Meeting

QIC General Assembly meeting took place on the 17th of February 2013 and approved the Directors report on the activities of the company, its financial position for the year ended, 31st of December 2012, the future plans for the company and the auditor’s report.

Qatar Insurance Company Reports QR 610 million net profit for 2012

QIC the dominant player in the country's risk cover industry & the country's premier risk underwriter has reported a net profit of QR 610 mn in 2012 and is planning to tap the market to garner more than QR 963mn through a rights issue.

QIC releases Consolidated Financial Statement for the year ended Dec. 31, 2012

Download PDF in English

QIC Board of Directors' meeting will be held on the 22nd of Jan. 2013
The meeting will contain and cover the company's performance, the financial results of 2012, the auditor's report and the recommendation of the dividend distribution.

Future expansion plans for Qatar Insurance Group

Five-year plan has been submitted by international consultant "Oliver Wayman" which prepared the future strategic plans and prospective roadmap for Qatar Insurance and its Group companies.

Qatar Insurance Rated A (Excellent) by A.M Best Europe

A.M Best europe - Rating Services Limited has assigned a financial strength rating of A (Excellent) and issuer credit rating of "a" to Qatar Insurance Co SAQ (QIC) and it's main subsidiaries: QIC International LLC (QICI) and Q-Re LLC (Q-RE). The outlook for all ratings is stable. All companies are domiciled in Qatar.

QIC releases Consolidated Financial Statement for the 6 month period ended June 30, 2012

Download PDF in Arabic or English

QIC Board of Director's Meeting

Please be advised that QIC Board of Director's meeting No.(4/2012) will be held on the 31st of July 2012, to discuss the 1st half of the year 2012 Financial information.

Click here to download more information in PDF

QIC COMPLETE PLAN

0% interest
6 equal installments
upto 20% savings

Buy QIC Complete plan with your Credit Card at any of the QIC branches and pay the premium in 6 easy monthly installments with 0% interest*.

Get upto 20% savings** on QIC Complete plan.QIC Complete plan includes Comprehensive Motor, Annual Leave and Home Insurance. Competitive deals available for boat insurance. For details contact 44962438

*Offer available with specific banks **Terms and Conditions Apply

QIC E-MACHINES WILL SHORTLY BE LOCATED TO YOU!

QIC is moving even closer to you with our new e-machines at convenient locations around Doha. Buy your Home Insurance, Travel Insurance or Motor Third-Party Insurance (for private vehicles and pick-ups), and renew your Motor Comprehensive Insurance (for private vehicles). Our 10% discount for all online QIC insurance purchases apply.

QIC ISSUES FINANCIAL RESULTS FOR 2011

QIC is pleased to release audited financials for QIC Group for the year ended 31st Dec 2011.

Download Consolidated Financial Statement 2011.pdf

NEW WORKING HOURS OF QIC MOTOR CLAIMS

For the convenience of our customers we have extended our Motor Claims (Abu Hamour) working hours for the public as under

• Sunday to Thursday: 7 AM to 7PM
• Saturday: 8AM to 1PM

Click here to view Google Map location and directions of QIC Motor Claims, Abu Hamour from Ramada Hotel, Doha.

INSURE ONLINE AND GAIN 10%

Buying your insurance protection has been made easier. You can buy your Home Insurance, Travel Insurance, Motor Third Party Insurance (private vehicles) and renew your Motor Comprehensive Insurance online and enjoy a 10% discount. Conditions apply* 

QIC ISSUES QUARTER3 FINANCIAL RESULTS OF 2012

Qatar Insurance Company has issued Quarter Financial figures for year 2011
Click here to download Financial results.