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QIC reports 55% of 2017 full-year profits in Q1, 2018
(The Peninsula - 25/04/2018)

Qatar Insurance Company (QIC), Qatar’s leading insurer, has posted a Gross Written Premium (GWP) of QR3.5bn for the first three months ended March 2018. Despite the difficulties encountered by the insurance industry locally, regionally and globally as

CMA approves the capital increase request for Walaa Insurance through the issuance of bonus shares
(Tadawul - 18/04/2018)

The CMA has issued its resolution approving Walaa Cooperative Insurance Company's request to increase its capital from SAR (400,000,000) to SAR (440,000,000) through issuing (1) bonus share for every (10) existing shares owned by the shareholders who are

Allianz Group buys stake in Saudi-listed company AzSF
(Saudi Gazette - 17/04/2018)

Leading global law firm Baker McKenzie has acted for Allianz Group on its acquisition of an additional interest in the share capital of Saudi-listed company Allianz Saudi Fransi Cooperative Insurance Company (AzSF), a provider of insurance products for

QIC Group, Sompo Japan strengthen ties through knowledge exchange plan
(Gulf Times - 03/04/2018)

QIC Group has commenced a knowledge exchange programme with leading insurance company Sompo Japan Nipponkoa Insurance (SJNKI). This, the Qatar-based insurance major said, is part of its Qatarisation strategy and achieving the targets of the Qatar