OREANDA-NEWS. Qatar Insurance Company disclosed the interim financial statement for the three month period ended March 31, 2016. The statements shows that the net profit is QR [322 Million] Compared to net profit amounting to QR [297 Million] for the same period of the previous year.

The Earnings per Share (EPS) amounted to QR (1.59) for the period ended March 31, 2016 to EPS] amounted to QR (1.46) for the same period of the previous year.

 

Also the board approved the following:

 1)      Listing Q Life & Medical insurance company (QLM) – subsidiary of QIC and incorporated under Qatar Financial Centre – in Qatar Stock Exchange and taking the necessary actions and procedures, as required by the relevant authorities.

2)      Withdrawing from of the Qatari Unified office Insurance Company.