QIC Group net profit increase 16% to QAR 525 million

Highlights in 9M 2024

Consolidated net profit for 9M 2024 increase by 16 % to QAR 525 million, compared with QAR 453 million for the previous year.
Gross written premiums for 9M 2024 of QAR 7.2 billion.
Domestic and MENA operations Gross Written Premiums rise by 43% in 9M 2024, to QAR 3.9 billion.
Insurance service results increase by 62 % t QAR 414 million in 9M 2024, compared to QAR 255 million for the same period in 2023.

Doha, 30 October 2024 – 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 QA