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FINANCIAL NEWS
Qatar’s Insurance premium hits USD 2bn in 2015
14 Mar 2016
(MENAFN) Qatar’s Insurance premium touched USD 2bn in 2015, recording 11 percent joint annual growth rate, which is expected to remain resilient in coming years.
Accordingly, since the start of Multaqa, market values tripled to USD 2bn, an annual increase rate of 11 percent, which is the local’s leading risk forum.
In addition, the country’s insurance market provides huge potential to grow for private sector as insurance penetration is less compared to other nations.
Insurance premium in the country accounts for only 1 percent of Qatar’s gross domestic product (GDP), whereas the global rate is 6 percent.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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