QLM Life & Medical Insurance Company annual general meeting and extraordinary general meeting on Monday approved the recommendation for profits distribution at the rate of 22% of the share par value. The cash dividend translates into Dh22 per share. The meetings discussed and approved the company’s balance sheet and its profit and loss statement for 2021. The meetings discharged the members of the board of directors and approved their remuneration for the Year 2021. The meetings also reviewed and approved the company’s Corporate Governance Report for 2021, in addition to the Related Party Transaction Policy.