Qatar Insurance Company (QIC) has reported a net profit of QAR 806 million for the full year 2025, representing a 10% increase compared to 2024.
Net profit before the Pillar Two global tax provision increased 19% year over year to QAR 874 million, while net profit attributable to QIC shareholders rose 9% to QAR 791 million.
For FY’25, gross written premiums (GWP) increased 9% to QAR 9.9 billion, driven by growth in personal lines, health, and property. QIC’s domestic (Qatar) and MENA operations accounted for 59% of total GWP in 2025, up from 52% in 2024.
The company reported a positive insurance service result of QAR 506 million.
Investment and other income rose 1% to QAR 993 million. QIC also reported a robust return on investment of 5.1%, compared to 5.0% in 2024.
Earnings per share stood at QAR 0.188, a 10% increase from QAR 0.171 in the prior year.
The Board of Directors proposed a cash dividend distribution of 11% for the year ended 2025.
Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, commented, “2025 has been another excellent year for QIC. On the results side, the Company is again proud to deliver a double-digit bottom-line growth and higher earnings for shareholders, derived from a strong, balanced underwriting portfolio and expertly-managed investments. On the client side, the Company continues to trailblaze client-centricity and service and product excellence through its commitment to innovation and digital transformation, including through the integration of AI technologies. QIC’s development of the QIC App, MENA’s first insurance-powered digital ecosystem, as well as its launch of innovative new insurance products and the many prestigious awards received by the Company in 2025, all attest to the success of the Company’s well-defined strategies for profitable growth and resilience.”
Salem Al Mannai, Chief Executive Officer of QIC Group, said, “2025 saw QIC continuing to strategically rebalance its underwriting portfolio. The portfolio has now stabilised at a well-balanced level of core domestic and regional business versus international business in terms of risk diversification and is highly profitable. We are fully focused on understanding our clients’ evolving needs, on innovation, and on providing a world-class customer experience, as evidenced by the launch of two further personal lines products in 2025 and ongoing enhancements made to the award-winning QIC App. Impressively, the QIC App is one of the fastest growing consumer platforms in Qatar, and the only one to combine insurance and non-insurance services. In addition to contributing to regional economic development and stability by mitigating risk and through initiatives such as the Doha-based MENA Insurtech and Fintech Summits, QIC’s operations are underpinned by robust ESG principles and initiatives, including to promote climate resilience, health and wellbeing, and cultural heritage.”
