Friday 28 April 2017
 
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Qatar Insurance

QIC reports 15pc growth in Q1 premiums

Qatar Insurance, a top insurance house in the Mena region, recorded 15 per cent growth in Gross Written Premium (GWP) to QR3.09 billion ($848 million) in Q1 2017 when compared to the same reporting period in 2016. Key contributors

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Qatar Insurance Company posts $284m profit

Qatar Insurance Company (QIC), a leading insurer in the Mena region, reported a net profit attributable to parent of QR1.034 billion ($284 million) in 2016, which is close to 2015 results which amounted to QR1.043 billion. Gross w

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Qatar Insurance posts $90m Q1 profit

Qatar Insurance Company (QIC), Qatar’s leading insurer, posted a net profit of QR329 million ($90.26 million) for the first quarter of this year, up by 7 per cent compared to QR306 in Q1, 2015. QIC announced the Q1 results followi

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Qatar Insurance proposes cash dividends, bonus shares

Qatar Insurance has proposed a 2015 cash dividend of 25 per cent plus a 10 bonus share issue, it said on Sunday. A 25 per cent cash dividend equates to QR2.50 ($0.6867) per share. This would be slightly higher than the company'

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Qatar Insurance Q3 net profit slides 20pc

Qatar Insurance reported a 20 per cent fall in net profit for the third quarter, according to Reuters calculations. The insurer made a net profit of QR115.7 million ($31.72 million) during the three-month period ending September 3

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Lagoon Capital, HarbourVest ink strategic deal

Lagoon Capital Partners, an advisory firm based in the Dubai International Financial Center, and HarbourVest Partners, a secondary private equity firm, have entered into an agreement to support growth of secondary Mena private equity market.

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Qatar Insurance wins approval for rights issue

The shareholders of Qatar Insurance have approved plans for a rights issue worth QR963.2 million ($264.6 million) and to sell a 20-per cent stake to sovereign wealth fund Qatar Holding, said the insurer. The company will sell 21.4

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