Qatar Insurance Company: results to 30 September 2024

Qatar Insurance Company (QIC) recorded a net profit of 525 million QAR (142.6 million USD) in the first nine months of 2024, up by 16% year-on-year.

The investment income declined by 4% to 712 million QAR (193.4 million USD).

Insurance revenue amounted to 6.4 billion QAR (1.7 billion USD), down 18% on the same period of 2023.