QIC Group celebrates Qatar National Day
Qatar Insurance, the leading insurer in Qatar and the MENA region celebrated Qatar National Day by renewing its commitment towards the realization of the Qatar National Vision (QNV) 2030. To celebrate the spirit of the glorious day, QIC staff donned white and Anabi colors of the Qatari national flag.
Speaking about the significance of the Qatar National Day, Mr. Khalifa Abdulla Turki Al-Subaey Qatar Insurance Group President & CEO of QIC Group stated, “On this special day, we express our gratitude to His Highness the Amir, Sheikh Tamim bin Hamad Al-Thani for his wise leadership and his guidance. We reflect on our glorious past and map the journey that QIC has accomplished over the past 54 years alongside the growth and development of the nation.”
He further mentioned, “As the leading insurer of Qatar and the MENA region, QIC Group takes pride in its Qatari heritage and continues to play a vital role in fostering the insurance sector of Qatar and in contributing to Qatar’s prosperity.”
Founded in 1964, QIC was the first domestic insurance company in the State of 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 capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalization of over USD 4 billion.