Qatar Insurance Reports 9% Increase in 2025 Net Profit to QR791 Million
Qatar Insurance Company (QIC) announced a net profit of QR791 million for 2025, marking a 9% increase from QR725 million in 2024. The Board of Directors approved the financial results on February 15, 2026. The company's growth was driven by a balanced underwriting portfolio and strategic focus on client needs and digital innovation, including the launch of new insurance products and enhancements to the QIC App. The MENA region's GDP growth forecast for 2025 was 3.3%, benefiting from Qatar's LNG production.
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Qatar Insurance Company (QIC) reported a net profit of QR791 million for 2025, up 9% from QR725 million in 2024. The Board approved these results on February 15, 2026. QIC's growth is attributed to a well-managed underwriting portfolio and client-centric innovations, including the QIC App.
The MENA region's GDP growth forecast for 2025 is 3.3%, supported by robust public investment and Qatar's LNG production. QIC's domestic and MENA operations now comprise 59% of Gross Written Premium (GWP), up from 52% in 2024. The company also achieved GWP growth in personal lines and reported a 1% increase in Investment and Other Income to QR993 million.
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