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QIC reports 15pc growth in Q1 premiumsQatar Insurance, a top insurance house in the Mena region, recorded 15 per cent growth in Gross Written Premium (GWP) to QR3.09 billion ($848 million) in Q1 2017 when compared to the same reporting period in 2016. Key contributors More… |
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Qatar Insurance Company posts $284m profitQatar Insurance Company (QIC), a leading insurer in the Mena region, reported a net profit attributable to parent of QR1.034 billion ($284 million) in 2016, which is close to 2015 results which amounted to QR1.043 billion. Gross w More… |
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Qatar Insurance posts $90m Q1 profitQatar Insurance Company (QIC), Qatar’s leading insurer, posted a net profit of QR329 million ($90.26 million) for the first quarter of this year, up by 7 per cent compared to QR306 in Q1, 2015. QIC announced the Q1 results followi More… |
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Qatar Insurance proposes cash dividends, bonus sharesQatar Insurance has proposed a 2015 cash dividend of 25 per cent plus a 10 bonus share issue, it said on Sunday. A 25 per cent cash dividend equates to QR2.50 ($0.6867) per share. This would be slightly higher than the company' More… |
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Qatar Insurance Q3 net profit slides 20pcQatar Insurance reported a 20 per cent fall in net profit for the third quarter, according to Reuters calculations. The insurer made a net profit of QR115.7 million ($31.72 million) during the three-month period ending September 3 More… |
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Lagoon Capital, HarbourVest ink strategic dealLagoon Capital Partners, an advisory firm based in the Dubai International Financial Center, and HarbourVest Partners, a secondary private equity firm, have entered into an agreement to support growth of secondary Mena private equity market. More… |
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Qatar Insurance wins approval for rights issueThe shareholders of Qatar Insurance have approved plans for a rights issue worth QR963.2 million ($264.6 million) and to sell a 20-per cent stake to sovereign wealth fund Qatar Holding, said the insurer. The company will sell 21.4 More… |
