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FinancialNews


  • 24-10-18

    Qatar Insurance Group's GWP up 6 percent

    (MENAFN) Qatar Insurance Group (QIC) recorded a 6 percent increase in its Gross Written Premiums (GWP) from January to September 2018, reaching QR9.5 billion.

    The net profit of the Qatari group during the first nine months stood at QR474 million, registering a 54 percent surge.

    QIC's international carriers, mostly Qatar Re, Antares and QIC Europe Limited (QEL), also saw an 11 percent rise in their GWP during the same period, hitting QR7.3 billion.

    The group's local and Mena markets also witnessed stability during the period, with constant growth posted in the Life and Medical insurance subsidiary, QLM and OQIC.

    MENAFN2410201800450000ID1097612079

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