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FINANCIAL NEWS
Qatar’s QIIC approves 40 percent cash payments
12 Apr 2016
(MENAFN) Qatar Islamic Insurance Co. (QIIC) has approved a 40 percent cash payments for the last fiscal year ended Dec 31, 2015.
Moreover, the firm achieved its business and operational goals last year by producing gross premium of almost USD 80.42mn.
In addition, it also aggregated revenue of almost USD 24.19mn, of which net policyholders’ surplus valued to USD 1.69mn.
Accordingly, the Board will pursue, with unwavering determination, the firm’s strategic plans for the years 2015-17 to confirm its continued growth.
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