Face Of Insurance

Qatar Insurance Company 

Qatar Insurance Company

Qatar Insurance Company  QIC may be a Doha, Qatar-based underwriter specializing in personal and business plus protection. it’s the most important insurance company within the Gulf. Qatar underwriter S.A.Q., along side its subsidiaries, provides insurance, insurance, realty, and monetary consultative services. It operates through six segments:

Marine & Aviation Insurance, Property & Casualty Insurance, Health , realty, Advisory, and Investments. the corporate offers personal insurance merchandise, together with automobile, home, travel, accident, boat, motorcycle, and insurance on decision, moreover as life and medical insurance; and business insurance merchandise,

like property and business, marine and aviation, energy, and motor fleet insurance. it’s conjointly concerned in investment management activities. the corporate operates within the State of Qatar, the United Arab Emirates, the land of Sultanate of Oman, the State of Kuwait, the uk, Switzerland, Bermuda, Singapore, Malaysia, and Malta. Qatar underwriter S.A.Q. was supported in 1964 and is headquartered in Doha, Qatar

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History

Qatar underwriter was formed and supported by Amiri decree, on eleven March 1964. the govt of Qatar was convinced that the country required a sturdy insurance business to guard the expansion in personal and business assets. The currency of Qatar at that point was the Indian monetary unit and QIC’s paid capital was Indian Rupes one,500,000.

Qatar underwriter S.A.Q., at the side of its subsidiaries, provides insurance, insurance, realty, and monetary consultative services. It operates through six separate entities: Marine & Aviation Insurance, Property & Casualty Insurance, Health , realty, Advisory, and Investments. the corporate offers a range of non-public insurance merchandise, together with home care, travel care, and car insurance.

The company operates within the State of Qatar, the United Arab Emirates, the land of Sultanate of Oman, the State of Kuwait, the uk, Switzerland, Bermuda, and Malta.

Profitability

the Company enjoyed a major increase in profits in 2014 and also the company counseled to its shareholders in Feb 2015 to distribute money dividends. the corporate counseled distribution of money dividends of twenty fifth and bonus shares of V-J Day.

Leadership

Leadership Khalid Bin Mohammed Bin Ali Al-Thani is that the director and chairman of Qatar Insurance Co. Mr. Khalifa Abdulla Turki Al-Subaey is President and corporate executive.

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