Qatar Insurance Group, the largest insurance company in the Mena region, has been ranked amongst the top 30 most valuable companies by market capitalisation of over $4bn in Qatar by ‘Forbes Middle East’ magazine.
QIC Group has thus become the only insurance company to enter the ranking.
The recognition of QIC took place at the ‘Forbes Digital Qatar Symposium and Awards Ceremony 2021’ organised recently in Doha, where the group was represented by Ahmed al-Jarboey, QIC’s chief operating officer, Qatar operations.
On the recognition, QIC Group’s CEO Salem al-Mannai said: “We are very pleased to be recognised amongst the top valuable companies in Qatar and to be the only insurer to enter the ranking this year. This recognition reflects our excellence in reshaping the insurance industry in Qatar and beyond, while being a core contributor to the development and diversification of the national economy."
Al-Mannai added: “QIC Group will remain committed to innovation, and to offering the best insurance solutions for individuals and companies in Qatar, cementing our position as the leading insurer in Qatar and the region.”
Founded in 1964, QIC was the first domestic insurance company in Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and Mena region.
QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best.
In terms of profitability and market capitalisation, QIC is also the largest insurance company in the Mena region.
The recognition of QIC took place at the ‘Forbes Digital Qatar Symposium and Awards Ceremony 2021’ organised recently in Doha, where the group was represented by Ahmed al-Jarboey, QIC’s chief operating officer, Qatar operations.
On the recognition, QIC Group’s CEO Salem al-Mannai said: “We are very pleased to be recognised amongst the top valuable companies in Qatar and to be the only insurer to enter the ranking this year. This recognition reflects our excellence in reshaping the insurance industry in Qatar and beyond, while being a core contributor to the development and diversification of the national economy."
Al-Mannai added: “QIC Group will remain committed to innovation, and to offering the best insurance solutions for individuals and companies in Qatar, cementing our position as the leading insurer in Qatar and the region.”
Founded in 1964, QIC was the first domestic insurance company in Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and Mena region.
QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best.
In terms of profitability and market capitalisation, QIC is also the largest insurance company in the Mena region.