Insurance companies in Qatar: ranking per 2023 turnover

June 18, 2024
ND
Figures in thousands
Rank 2023Companies2023 turnover2023 turnover2022-2023 evolution (1)
QARUSDQARUSD
1Qatar Insurance Co. (2)1 489 464405 9391 426 268388 7154.43%
2Doha Insurance QSC1 373 549374 3471 227 271334 48011.92%
3QLM Life & Medical Ins.1 124 000306 3351 212 000330 319-7.26%
4Qatar General Insurance & Reinsurance768 212209 368717 800195 6297.02%
5Islamic Insurance QIIC523 493142 673467 308127 36012.02%
Top 5 companies total5 278 7181 438 6625 050 6471 376 5034.52%

(1) Growth rate in local currency
(2) Local market premiums
* According to the new IFRS 17 accounting standards
Exchange rate as at 31/12/2023: 1 QAR = 0.27254 USD; 31/12/2022: 1 QAR = 0.27254 USD


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