Qatar Insurance Company (QIC) announced a full-year net profit of 806 million Qatari riyals in 2025, an increase of 10% from 2024.
The second pillar global net profit before tax provisions increased by 19% year-on-year to QAR 874 million, and net profit attributable to QIC shareholders increased by 9% to QAR 791 million.
Gross written premiums (GWP) increased by 9% to QAR 9.9 billion in FY25, driven by growth in personal lines, health and property businesses. QIC’s domestic (Qatar) and MENA operations will account for 59% of total GWP by 2025, up from 52% in 2024.
The company reported insurance services results of QAR 506 million.
Investment and other income increased by 1% to QAR 993 million. QIC also posted a strong return on investment of 5.1%, compared with 5.0% in 2024.
Earnings per share were QAR 0.188, an increase of 10% from QAR 0.171 in the previous year.
The board of directors recommends a cash dividend ratio of 11% in 2025.
Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, commented: “2025 was another great year for QIC. On the performance side, the company was once again proud to deliver double-digit bottom-line growth and higher earnings to shareholders, driven by a strong, balanced underwriting portfolio and professionally managed investments. On the client side, the company continues to blaze a trail of customer-centricity and exceptional service and product delivery through its commitment to innovation and digital transformation, including through the integration of artificial intelligence technology. QIC Developed by QIC app, the MENA region’s first insurance-powered digital ecosystem, as well as the launch of innovative new insurance products and the company’s many prestigious awards in 2025, are testament to the success of the company’s clear strategy for profitable growth and resilience.”
Salem Al Mannai, QIC Group CEO, said: “In 2025, QIC continued to strategically rebalance its underwriting portfolio. The portfolio has now stabilized in terms of risk diversification at a balanced level between core domestic and regional businesses and international operations, and is highly profitable. We are fully focused on understanding our customers’ evolving needs, innovating and delivering a world-class customer experience, as evidenced by the launch of two additional personal lines products in 2025 and continued improvements. Impressively, QIC The app is one of the fastest growing consumer platforms in Qatar and the only one that combines insurance and non-insurance services. In addition to contributing to regional economic development and stability through risk reduction and initiatives such as the MENA Insurtech and Fintech Summit in Doha, QIC operates underpinned by strong ESG principles and initiatives, including promoting climate resilience, health and well-being, and cultural heritage.”