Investor Presentaiton
At a Glance
Strategy
Competitive Position
Performance
Organisation
Risk Management
Outlook
Appendix
STRONG FINANCIAL STRENGTH
Financial strength rating for QIC
STANDARD & POOR'S
RATINGS SERVICES
RATED STRONG
Twancial Strength
BEST
& Exselect
Rating: 'A' / Strong
Outlook: Negative
QIC Group equity
Rating: 'A' (Excellent)
Outlook: Negative
QIC
مجموعة قطر للتأمين
QATAR INSURANCE GROUP
"QIC benefits from a diverse competitive position supported by its leading
domestic standing, regional Gulf Cooperation Council (GCC) operations, and a
substantial (re)insurance income stream from the international market, which
generates about three-quarters of the group's GWP"
"The ratings reflect QIC's balance sheet strength, which AM Best categorizes
as very strong, as well as its strong operating performance, neutral business
profile and appropriate enterprise risk management (ERM)."
2019
2020
Share capital
Share premium
Legal reserve
General reserve
3,266.10
3,266.10
in QAR million
2021 Q1
3,266.10
2,759.19
2,759.19
2,759.19
634.57
634.57
634.57
287.00
287.00
287.00
Fair value (loss) reserve
177.46
399.77
318.52
Catastrophe special reserve
32.02
32.02
32.02
Other components of equity
(38.77)
21.46
45.99
Retained earnings
1,335.69
805.51
977.10
Equity attributable to parent
8,453.26
8,205.62
8,320.49
Non-controlling interest
147.33
87.04
88.61
Subordinated perpetual debt
1,615.60
2,697.24
2,697.24
Total equity
10,216.19
10,989.90
11,106.34
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