Qatar:QIC's net profit jumps by 16% to US$144m for first 3 quarters of 2024

By MEIR team | 31 Oct 2024

Sheikh Hamad bin Faisal Al Thani, chairman of QIC Group

Qatar Life & Health Property & Casualty Financial Performance

Qatar Insurance Company (QIC), the leading insurer in Qatar and a dominant player in the Middle East North Africa (MENA) region, has reported a net profit of QAR525m ($144m) for the first nine months of 2024, around 16% higher compared to QAR453m over the corresponding period in 2023.

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