Qatar General Insurance and Reinsurance QPSC (QGRI)

Mubasher: The Qatar Stock Exchange (QSE) on Wednesday announced implementing changes to constituents of QE Al Rayan Islamic Index (QERI), QE All Share Index, and QE Sector Indices as of 1 April. However, the QE index will not witness any changes, …

Mubasher: Qatar General Insurance and Reinsurance (QGRI) on Tuesday announced appointing Hassan Al Efrangi as its new CEO after the approvals of its board of directors and the Qatar Central Bank (QCB). This appointment follows Ghazi Abu Nahl’s …

Mubasher: Qatar General Insurance and Reinsurance (QGRI) reported a 35.7% year-on-year profit drop for the fourth quarter of 2018. The Qatari firm’s profits amounted to QAR 175.05 million ($48.38 million) during the three-month period ended last …

Mubasher: A.M. Best has reaffirmed Qatar General Insurance and Reinsurance’s (QGRI) financial strength rating (FSR) at “A-“(excellent), the company said. The US rating agency also maintained QGRI’s long-term issuer credit rating at “a-” with a …

Mubasher: Qatar General Insurance and Reinsurance Company on Thursday announced the official opening of a drinking water plant in Qatar. The plant, which belongs to Qatar General Insurance’s subsidiary General Company For Water and Beverages …

Mubasher: Qatar General Insurance and Reinsurance (QGRI) announced that it turned a profit for the third quarter of 2018. Net profits amounted to QAR 16.7 million in Q3-18, against a loss of QAR 4.4 million in Q3-17, according to a filing to the …

Mubasher: Qatar General Insurance and Reinsurance Company (QGRIC) posted a 68.2% year-on-year drop in its losses for the second quarter of 2018. Net losses amounted to QAR 1.07 million ($296,740) in Q2-18, compared to QAR 3.36 million ($931,820) …

Mubasher: Qatar General Insurance and Reinsurance Company (QGRIC) on Thursday posted a 28.1% year-on-year surge in its profits for the first quarter of 2018. Profits amounted to QAR 55.1 million in Q1-18, compared to QAR 43 million in Q1-17, …

Mubasher: Qatar General Insurance and Reinsurance Company (QGRIC) on Sunday said that its subsidiary Mozoon Real Estate Company will receive QAR 100 million in annual revenues from operating Mozoon Towers project. With a 25-year term and a …

Mubasher: Qatar General Insurance & Reinsurance Company (QGRIC) on Tuesday announced that Trust Bank Algeria approved the amendment of Memorandum of Association. The new adjustment, which was also approved by the Central Bank of Algeria, enables …

Mubasher: Qatar General Insurance and Reinsurance Company (QGIRC) on Monday announced that World Trade Center Qatar has signed a memorandum of understanding (MoU) with China Chamber of International Commerce. World Trade Center Qatar is fully …

Mubasher: Qatar General Insurance and Reinsurance (QGRI) on Tuesday announced that its ordinary general meeting (OGM) had approved distributing cash dividends of 22% of capital or at QAR 2.2 per share to shareholders for 2017. The assembly also …

Mubasher: Mozoon Real Estate Company has signed an agreement with Retaj Hotels & Hospitality for benefit from the second's apartments’ management and operation and technical services. Mozoon is indirectly owned by Qatar General Insurance and …

By: Eman Ghaly Mubasher: Profits of five insurance companies listed on the Qatar Stock Exchange (QSE) declined by 0.03% year-on-year during the fourth quarter of 2017, while their cash dividends amounted to QAR 711.2 million, according to …

Mubasher: A.M. Best Co has affirmed its financial strength rating (FSR) of A- (Excellent) and long-term issuer credit rating (ICR) (Long-Term ICR) of “a-” of  Qatar General Insurance and Reinsurance Company  (QGRI), the Qatar-based firm said on …

Mubasher: Qatar General Insurance and Reinsurance reported an 820.5% year-on-year hike in profits for the fourth quarter of 2017. Net profit stood at QAR 272.1 million (74.7 million) in Q4-17, versus QAR 29.6 million ($8.1 million) in the same …

Mubasher: Qatar General Insurance and Reinsurance Company (QGIRC) announced that its board approved the company’s estimated budget for the next three years as of 2018, according to the company’s statement to the Qatar Stock Exchange (QSE) on …

Mubasher: Qatar General Insurance and Reinsurance Company on Thursday said that the company plans for divesting from the UAE’s insurance market through its branch in Dubai. The company mulls over implementing the exit plan from Dubai’s insurance …

Doha – Mubasher: Qatar General Insurance and Reinsurance Company on Monday reported a drop of 19.9% in its profits for the first quarter of 2017, compared to the same period of 2016. Profits stood at QAR 43.05 million ($11.81 million) in Q1-17, …

Doha – Mubasher: The general assembly of Qatar General Insurance and Reinsurance Co approved the distribution of cash dividends for 2016. The dividends will be at QAR 1.5 per share, representing 15% of the capital, according to a bourse filing on …

Doha – Mubasher: Qatar General Insurance and Reinsurance Co's profits declined 96.2% year-on-year in the fourth quarter of 2016. Earnings amounted to QAR 29.56 million ($8.11 million) in Q4-16 as compared to QAR 784.85 million ($215.35 million) in …

Mubasher: A.M. Best has affirmed Qatar General Insurance & Reinsurance Company’s Financial Strength Rating at ‘A-’, Excellent, and the Long-Term Issuer Credit Rating at ‘a-’. The outlook of these Credit Ratings is stable, according to a bourse …

Doha – Mubasher: Qatar General Insurance and Reinsurance Company said Thursday that its board of directors will meet on 15 February to discuss the financial statements for the fourth quarter of fiscal 2016, according to a bourse filing. The stock …

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 …

Doha – Mubasher: The unaudited financial statements of Qatar General Insurance and Reinsurance Co reported a leap of 472.3% in profits during the third quarter of 2016 as compare to the same period a year ago. Earnings amounted to QAR 104.18 …