Qatar Insurance Group

Qatar Insurance Company (QIC) is a publicly listed flagship insurer with an outstanding performance history of over 50 years. Since its establishment in 1964, QIC has demonstrated its ability to consistently navigate individuals and businesses through economic cycles by offering a diverse portfolio of both personal (Car, Travel and Home) and business lines of insurance products (Energy, Marine & Aviation, Property & Commercial, Medical and Motor), combining distribution with excellent service delivery. QIC’s insurance operations consist of QIC Doha, QIC International (QICI), which operates in Kuwait, Oman, and in the UAE through branches and joint ventures, and an agency operation in Malta. In view of the group’s acquisition of Antares Holdings Limited (together with its subsidiaries) - a specialist insurer and reinsurer operating in the Lloyd’s market, and the establishment of a wholly-owned non-life insurance subsidiary in Malta named QIC Europe Limited (“QEL”), the Group’s underwriting footprint today spans all continents. The Group is also a proud owner of a global multi-line reinsurance subsidiary, Qatar Re, which focusses on Agriculture, Aviation & Space, Credit & Surety, Energy, Engineering, Marine, Property and Casualty lines of business and reinsures risks outside of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA region. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) by A.M. Best. In terms of profitability and market capitalisation, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalisation of USD 4 billion.