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Qatar Islamic Insurance Group Q.P.S.C (Qatar)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Qatar Islamic Insurance Group Q.P.S.C Profile Updated: June 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Qatar Islamic Insurance was incorporated in October 1993 and had been listed in Qatar's Stock Market on the 12th of December, 1999. QIIC offers a wide range of Insurance products and services in accordance with sharia (Islamic law). QIIC offers a wide range of products and services for business including aviation, marine, freight, banking, electronics, computer, construction, engineering, energy and agricultural insurance. The company also offers coverage for business premises and other commercial needs, while Balsam medical plans and Aman Takaful (life) insurance policies are available in individual, family and group form for company employees.

Headquarters
C.Ring Road - Oppiste Al Khaleej Cenima, P.O Box 22676
Doha; Doha;

Contact Details: Purchase the Qatar Islamic Insurance Group Q.P.S.C report to view the information.

Website: http://www.qiic.com.qa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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Subsidiaries
Al Muqawel Co W.L.L
51%
Tashelaat Islamic Co W.L.L
51%
Qatar Unified Insurance Bureau W.L.L
25%
Company Performance
Financial values in the chart are available after Qatar Islamic Insurance Group Q.P.S.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency QAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
36.7%
Operating profit (EBIT)
22.61%
Net Profit (Loss) for the Period
22.61%
Total assets
8.39%
Investments
-9.44%
Receivables
38.27%
Total equity
6.8%
Net Premiums Earned Trend
22.49%
Net Profit Trend
-5.06%
Return on Equity (ROE)
1.46%
Loss Ratio
1.49%
Underwriting Expenses Ratio
45.56%

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