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 position of the company for 2016 and electing the board members for the period 2017-2019, according to a bourse filing.

The meeting will tackle increasing the board to 11 members instead of 10, adding to approving the 15% capital hike, with the distribution of bonus shares.

The company's capital amounts to QAR 2.4 billion, distributed over 241.14 million shares.