Company Qatar Insurance Company Q.S.P.C.

Equities

QATI

QA0006929838

Property & Casualty Insurance

End-of-day quote Qatar Exchange 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
2.25 QAR -0.53% Intraday chart for Qatar Insurance Company Q.S.P.C. -3.85% -13.13%

Business Summary

Qatar Insurance Company QSPC is a Qatar-based public shareholding company engaged in the business of insurance, reinsurance, real estate and financial advisory services. The Company, together with its subsidiaries, is active in four business segments: Marine & Aviation, Fire & General, Real Estate, Advisory and Investments. The Company's products include Personal insurance, which covers home care, travelcare plus and automobile insurance, and Business insurance, which covers energy, marine and aviation, property and commercial, medical and motor. The Company operates in the State of Qatar, the United Arab Emirates, Sultanate of Oman, Kuwait, Bermuda and Malta. The Company's subsidiaries include QIC International LLC (QICI), Oman Qatar Insurance Company (OQIC), Kuwait Qatar Insurance Company, Q-Re LLC, Qatar Insurance Company Real Estate and CATCo-Re Ltd., among others. In June, 2014, the Company annouced the completion of Antares Holdings Limited's acquisition.

Sales per Business

QAR in Million2022Weight2023Weight Delta
Investments
54.9 %
717 83.5 % 784 54.9 % +9.37%
Marine and Aviation
20.2 %
72 8.4 % 289 20.2 % +301.57%
Property and Casualty
14.8 %
-63 -7.3 % 211 14.8 % -436.96%
Unallocated
4.4 %
55 6.4 % 63 4.4 % +14.27%
Real Estate
3.2 %
32 3.7 % 46 3.2 % +44.67%
Investment Advisory
2.0 %
35 4.1 % 29 2.0 % -18.19%
Health and Life
0.6 %
11 1.3 % 8 0.6 % -26.62%

Sales per region

QAR in Million2022Weight2023Weight Delta
International
76.4 %
7,396 94.5 % 4,819 76.4 % -34.84%
Qatar
23.6 %
431 5.5 % 1,489 23.6 % +245.19%

Managers

Managers TitleAgeSince
Chief Executive Officer - 00-12-31
Director of Finance/CFO - 97-12-31
Chief Investment Officer - 03-12-31
Chief Administrative Officer - -
Chief Operating Officer - 85-12-31
Chief Tech/Sci/R&D Officer - -
Corporate Officer/Principal - 15-12-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 98 -
Director/Board Member - -
Director/Board Member 42 -
Director/Board Member 75 -
Chairman - -
Director/Board Member - 84-12-31
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Director/Board Member 40 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,266,101,330 1,726,878,017 ( 52.87 %) 0 52.87 %

Shareholders

NameEquities%Valuation
General Retirement & Pension Authority of Qatar
10.64 %
347,424,215 10.64 % 221 M ﷼
Broog Trading Co.
5.371 %
175,418,260 5.371 % 112 M ﷼
Qatar Insurance Co. SAQ (Investment Management)
0.2453 %
8,010,421 0.2453 % 5 M ﷼
Mashreq Capital DIFC Ltd. (Investment Management)
0.1034 %
3,376,131 0.1034 % 2 M ﷼
LHV Asset Management AS
0.0384 %
1,255,631 0.0384 % 800 415 ﷼
Dimensional Fund Advisors Ltd.
0.0354 %
1,157,625 0.0354 % 737 940 ﷼
Union Investment Privatfonds GmbH
0.0120 %
392,833 0.0120 % 250 415 ﷼
Pension Reserves Investment Management Board
0.0114 %
373,398 0.0114 % 238 026 ﷼
SEI Investments (Europe) Ltd.
0.008672 %
283,249 0.008672 % 180 560 ﷼
Silk Invest Ltd.
0.007689 %
251,126 0.007689 % 160 083 ﷼

Holdings

NameEquities%Valuation
87,500,000 25.00% 52,629,500 $
37,500,000 18.75% 40,662,000 $

Company contact information

Qatar Insurance Co.

Tamin Street West Bay

, Doha

+974 4496 2322

http://qic-group.com
address Qatar Insurance Company Q.S.P.C.(QATI)

Group companies

NameCategory and Sector
Multi-Line Insurance
Multi-Line Insurance
Insurance Brokers/Services
Multi-Line Insurance
Property/Casualty Insurance
Insurance Brokers/Services
Property/Casualty Insurance
Synergy Bristol Ltd.
Specialty Insurance

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
2.25 QAR
Average target price
2.78 QAR
Spread / Average Target
+23.56%
Consensus

Annual profits - Rate of surprise