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

By MEIR team | 02 May 2024

Sheikh Hamad bin Faisal Al Thani, chairman of QIC Group

Qatar Life & Health Property & Casualty Financial Performance

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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