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FINANCIAL NEWS
Qatari QIC GWP grows 19 percent in Q2
16 Jul 2015
(MENAFN) Data showed that Qatar Insurance Company (QIC)’s gross written premium (GWP) increased strongly to USD1.04 billion in the second quarter of 2015, The Peninsula Qatar reported.
The company’s net underwriting result in the second quarter was USD1.16 million, this reflects to a major increase of 8 percent on the last year.
In spite of the challenging regional investment environment, QIC net profit in the second quarter reached USD1.6 million, down by 10 percent on-year.
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