Saudi Reinsurance (Saudi Re) has posted a net profit of SAR162m ($43.3m) for the first half of this year, 84% higher than in the corresponding half last year.
Profitability in the insurance industry in Qatar remained strong and sustainable in 2025, according to the Qatar Central Bank (QCB) in its annual Financial Stability Report released last month.
The Insurance and Private Pension Regulation and Supervision Authority (SEDDK) has published a circular, setting out that the authority, responsibility, and duties of claims investigators are limited solely to investigating insurance fraud and suspicious claims.
Nearly 600,000 investors participated in Quick Sigorta's initial public offering (IPO), who subscribed for 58.57m shares, 1.21 times the 48.31m shares offered.