Qatar:QIC reports record net profit of US$275 mln

29 Jan 2015

Qatar Insurance Company (QIC)'s net profit has for the first time crossed the QAR1-billion (US$275 million) mark. The insurer reported a 33% increase in its annual profit to QAR1,001 million for 2014, on the back of strong underwriting and investment performances, according to a company statement.

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