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09 May 02:16 AM

Qatar Insurance QSPC (QATI)

Last update: 7 May 01:12 PM market time.
2.27
-0.03
-1.27%
Open 2.30
Previous Close 2.28
High 2.30
Low 2.23
Stock Statistics
Volume 1,323,667
Turnover 3,011,021.97
All data are 15 minutes late during market session

News

Gulf Warehousing and Salam International Investment will be deleted from FTSE Russell’s index
17 February 2019 01:01 PM FTSE Russel index to include 7 Qatari-listed firms
Mubasher: The Qatar Stock Exchange (QSE) on Sunday announced that seven listed companies will be included in the FTSE Russell’s index starting from 14 March. Mesaieed Petrochemical Holding, Qatar Fuel (Woqod), Qatar Insurance, Qatari Investors …
Corporate Actions
Qatar Insurance's profit jumps 55% to QAR 645.94m in 2018
3 February 2019 06:36 PM Qatar Insurance's profit jumps 55% to QAR 645.94m in 2018
Mubasher: Qatar Insurance Company (QIC) on Sunday reported a 54.59%% surge in annual profits during 2018, registering QAR 645.94 million, compared to QAR 417.59 million from January to December 2017. Earnings per share (EPS) reached QAR 1.78 for …
Financial Results
EPS reached QAR 1.16 during the three-month period ended September
24 October 2018 10:33 AM Qatar Insurance logs QAR 451m profit in 9M
Mubasher: Qatar Insurance Company turned to a profit in the third quarter of 2018. Net profits amounted to QAR 67.1 million in Q3-18, against a loss of QAR 200.8 million in Q3-17, according to a filing to the Qatar Stock Exchange (QSE) late …
Financial Results
26 September 2018 00:40 PM Qatar Insurance establishes new firm for investment management
Mubasher: Qatar Insurance Company on Wednesday announced that its board has approved the establishment of a limited liability firm under the name of “Epicure Investment Management”. The new company will be established in accordance with the rules …
Corporate Actions
10 September 2018 11:20 AM Qatar Re ranks 27th among top 50 global reinsurances - AM Best
Mubasher: Qatar Insurance Group on Monday announced its subsidiary Qatar Re, a global multi-line reinsurer, has been ranked the 27th an amongst top fifty global reinsurers by international credit rating agency, AM Best. The new ranking affirms …
Ratings
The firm logged a net profit of QAR 384 million during the period between January and June
25 July 2018 09:26 AM Qatar Insurance profit drops 24% in H1
Mubasher: Qatar Insurance reported a 24% year-on-year decline in its net profits during the first six months of 2018. The firm logged a net profit of QAR 384 million during the period between January and June, compared to QAR 505 million in H1-17, …
Financial Results
The decision comes along with the company’s strategy to support its share price
6 June 2018 01:44 PM Qatar Insurance allocates QAR 500m for share buyback
Mubasher: Qatar Insurance on Wednesday posted that the company allocated QAR 500 million for a share buyback programme. The decision comes along with the company’s strategy to support its share price and enhance shareholders value, according to a …
Corporate Actions
Profits amounted to QAR 230 million in Q1-18
24 April 2018 05:44 PM Qatar Insurance Q1 profit drops 26%
Mubasher: Qatar Insurance Company (QIC) on Tuesday posted a 25.6% year-on-year decline in its profits for the first quarter of 2018. The insurance services provider's profits amounted to QAR 230 million in Q1-18, compared to QAR 309.19 million in …
Financial Results
Cityscape Qatar exhibition takes place at the Doha Exhibition and Convention Centre from 22-25 April
23 April 2018 03:54 PM Qatar Rail inks 3 deals at Cityscape 2018
Mubasher: Qatar Rail has signed three agreements with Qatar National Bank (QNB), Ooredoo and Qatar Insurance (QIC) on the sidelines of Cityscape Qatar Conference and Exhibition 2018. Cityscape Qatar exhibition takes place at the Doha Exhibition …
Companies Investments
Most of QLM's network providers in Russia are accredited by FIFA
20 March 2018 03:27 PM QIC's unit to provide medical services in Russia
Mubasher: Q Life & Medical Insurance Company (QLM), a wholly-owned subsidiary of Qatar Insurance Company (QIC), on Tuesday announced that it has signed an agreement with medical service providers in Russia to expand its network of medical services …
Companies Investments
The Qatar-based firm will distribute 15% of its capital in bonus shares
26 February 2018 10:58 AM Qatar Insurance's board OKs QAR 1.5/shr dividends
Mubasher: Qatar Insurance Company on Monday announced that its ordinary general assembly and extraordinary general assembly approved paying QAR 1.5 per share in cash dividends, representing 15% of the share par value. Moreover, the Qatar-based …
Cash Dividends
The company’s total profits slid to QAR 113.47 million ($31.17 million) in Q4-17
23 January 2018 05:29 PM QIC profits drop 65% YoY in Q4-17
Mubasher: Qatar Insurance Company (QIC) on Tuesday announced a drop of 65% year-on-year in its profits for the fourth quarter of 2017. The company’s total profits slid to QAR 113.47 million ($31.17 million) in Q4-17 from QAR 323.18 million ($88.78 …
Financial Results
QIC’s unit opens branch office in London
11 January 2018 00:04 PM QIC’s unit opens branch office in London
Mubasher: Qatar Insurance Company (QIC) on Thursday announced that its Bermuda based subsidiary, Qatar Reinsurance Company Limited (Qatar Re), has received the UK regulators’ approval to open its branch office in London. This step supports QIC’s …
Macroeconomics
QIC stated in September that the renewal was not possible
21 November 2017 11:23 AM QIC extends Abu Dhabi’s branch licence
Doha – Mubasher: Qatar Insurance Company (QIC) on Tuesday announced renewing the business licence of its branch in Abu Dhabi. In September, QIC had said that the renewal was not possible owing to the political situation in the GCC, following the …
Management Decisions
QIC’s profits retreated 27.4% in the second quarter of 2017 to QAR 203.5 million versus QAR 280.1 in the year-ago period
18 September 2017 00:25 PM QIC closes Abu Dhabi branch
Doha – Mubasher: Qatar Insurance Company (QIC) declared on Monday that its business licence for its branch in Abu Dhabi was not renewed due to the current political situation in the region. “We are sorry to inform you that the company will have to …
Management Decisions
The Qatar Stock Exchange–listed Qatar Insurance Company (QIC) said that the IPO of its subsidiary OQIC will begin on Monday, 18 September
17 September 2017 04:31 PM Qatar Insurance unit’s MSM IPO to begin Monday
Mubasher: Oman Qatar Insurance Company (OQIC) on Sunday announced the date for launching  its initial public offering (IPO) via the Muscat Securities Market (MSM). The Qatar Stock Exchange–listed Qatar Insurance Company (QIC) said that the IPO of …
Trading Activities
(Photo Credit: Company website)
25 April 2017 04:36 PM Qatar Insurance profits drop to QAR 302m in Q1
Doha – Mubasher: Qatar Insurance Co on Tuesday announced a decrease of 6.3% in its profits for the first quarter of 2017, compared to the same period of 2016. Profits totalled QAR 301.51 million ($82.75 million) in Q1-17, compared to QAR 321.91 …
Financial Results
The Qatar-listed insurer’s stock rose 1.65% to QAR 73.80 by 11:15am UAE time (Photo Credit: Company Website)
1 March 2017 11:19 AM QIC unit to issue Tier 2 bonds
Doha – Mubasher: Qatar Insurance Company (QIC) said its unit Qatar Reinsurance will issue Tier 2 bonds, according to a statement. Standard and Poor’s (S&P) gave a “stable” outlook for QIC and its unit. The QIC unit has chosen HSBC and BNP Paribas …
Ratings
The company’s capital amounts to QAR 2.4 billion (Photo Credit: Company Website)
20 February 2017 10:38 AM Qatar Insurance approves dividends for 2016
Doha – Mubasher: Qatar Insurance Company (QIC) said its ordinary general meeting (OGM) approved on Sunday, 19 February, 15% cash dividends, equivalent to 1.5 Qatari riyal, for the fiscal year 2016, according to a bourse statement. During their …
General Assembly
(Photo credit: Arabianeye - Reuters)
2 February 2017 11:48 AM Qatar Insurance OGM to discuss dividends 19 February
Doha – Mubasher: Qatar Insurance Company’s ordinary general meeting (OGM) will meet on 19 February to discuss distributing 30% of capital, representing 15% cash QAR 1.2 per shares and 15% bonus shares. The OGM will also discuss the financial …
General Assembly
The insurance company posted a fall of 7.6% in its profits for Q4-16- (Photo credit: Arabianeye - Reuters)
25 January 2017 11:52 AM Qatar Insurance down 1.2% on lower Q4 results
Doha – Mubasher: Qatar Insurance Company decreased 1.24% to QAR 87.8, coinciding the low profits of the company in the fourth quarter of 2016. By 11:45 on Wednesday Qatari time, traded volume of the stock reached 34,400 shares at a value of QAR …
Trading Activities
(Photo credit: Company's website)
25 January 2017 09:46 AM Qatar Insurance Q4 profits decrease 7.6%
Mubasher: Qatar Insurance Company posted on Wednesday a fall of 7.6% in its profits for the fourth quarter of the fiscal year 2016 to QAR 339 million ($93.02 million), versus QAR 367 million ($100.7 million) for Q4-15. Profits for the fiscal year …
Financial Results
(Photo credit: Company's website)
8 January 2017 10:46 AM Qatar Insurance to discuss Q4 financials 24 January
Doha – Mubasher: Qatar Insurance Company said Sunday that it board of directors will meet on 24 January to discuss the financial stataments for the fourth quarter of fiscal 2016, according to a bourse filing.  By 10:45am Doha time, the stock stood …
Event
(Photo credit: Company's website)
28 December 2016 11:27 AM Qatar Insurance approves 2017 budget
Doha – Mubasher: Qatar Insurance Company said Wednesday that its board of directors has approved the budget figures for the year 2017. During its meeting on Tuesday, the board reviewed the company’s performance and its subsidiaries during the …
Corporate Actions
QSE insurance sector profits reached nearly QAR 1 trillion in 9 months - (Photo Credit: Arabianeye-Reuters)
30 October 2016 04:34 PM QSE insurance sector profits up 56% in Q3
By: Salama Abdulrahman Mubasher: The financial results of the insurance companies listed on the Qatar Stock Exchange (QSE) showed a growth in profits by 56.3% in the third quarter of 2016 compared to the same quarter of last year. The five QSE …
Sector Reports