Net Profit up by 152%

Highlights in FY 2023

QIC Group consolidated net profits surge by 152% to QAR 615M.
Gross written premiums of QAR 8.5Bn.
QIC’s domestic and MENA operations gross written premiums grew by 25% in 2023.
Insurance service results of QAR 747M in 2023, compared to loss of QAR 465M in 2022.
Net investment results of QAR 922M during 2023, compared to QAR 828M in 2022

Doha, 15 February 2023 – Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the Middle East North Africa (MENA) region, has reported net profits (including minority) of QAR 615 million f


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