Qatar Islamic Insurance Group · QSE:QISI
Qatar Islamic Insurance — Q1 2024 Earnings Presentation
16 slides from Qatar Islamic Insurance's earnings presentation, April 2024
Slide 1: Investors' Presentation Q1 2024
QATAR ISLAMIC INSURANCE GROUP Investors’ Presentation Q1 2024
Slide 2: QIIG At a Glance
QIIG At a Glance • QIIG Vision: To be the world’s premier Takaful insurance company by building on our reputation as a leader in product innovation, policyholder and shareholder value maximization and people development. • QIIG Mission: To maximize policyholder and shareholder value by providing div
Slide 3: Workable Takaful Model
Workable Takaful Model Takaful Model SHARE H O L D E R S’ FUND Share Holder Mudaraba Fee Management Wakalah Investment on PHF’s Expense of Profit/Loss Fee Income Investment the Income Company Takaful Operator Investment by the Company Policyholder Operational Claims & Cost of Takaful Investment Rese
Slide 4: Distinguished Directors
Distinguished Directors Abdul Rahman AJ. Sheikh Nasser Bin A/Aziz Khaled Mohd Al Emadi Sheikh Abdulla Bin Khalid Al-Abdul Ghani Bin Thani Al Thani Bin Nasser AL Thani Deputy Chairman Jamal Abdulla Al Jamal Chairman Sheikh Turki Bin Sheikh Thani Bin Abdulla Sheikh Mohd Bin Thani Rashed Nasser Al-Kaab
Slide 5: Dignified Sharia Board
Dignified Sharia Board Sharia Board •Sheikh Dr. Walid Bin Hadi (Head of the sharia supervisory board) • Sheikh Dr. AbdulAziz Khalifa AlQassar (Member) • Sheikh Dr. Mohamed Ahmaine (Member) .
Slide 6: Experienced Management
Experienced Management Ali Ibrahim AlAbdulghani Group President Muhammad Ashraf Mohammed Al-Rayes Nisamudheen S.A. Yasser Mohammed Al Amly Salih Fathalla Najeeb Haneefa Director Group President’s CTO-Non Motor Group CFO A/Director Director IT Risk Management Consultant HR and Admin. Sharif Ziyad R.
Slide 7: Strong Reinsurance Partners
Strong Reinsurance Partners Scor SE Swiss Re CCR AWRIS Starr Axis
Slide 8: Award Winning Services
Award Winning Services “General Takaful Company of the year” and “Family Takaful Company of the year” Awards at 1st Middle East Insurance Industry Awards – 2014, UAE Takaful CEO of the Year Award in 2016 during 10th International Takaful Summit, London The Only Insurance Company in the Exclusive Top
Slide 9: Performance Review Q1 2024
en Are 1 Insurance slami + AN o AN = O} ES 2 g a oO VU < © iS = je) = = oO a.
Slide 10: Policyholders' P&L
Policyholders’ P&L Strong Revenue Growth Figures in QAR million +29% 200 190 147 +56% 150 128 100 82 +79% 53 +29% 50 30 16 12 - Gross Total Takaful Total Takaful Surplus/(Deficit) Contributions Revenues Expenses Q1 2024 Q1 2023
Slide 11: Portfolio Mix
Portfolio Mix Right Balance 15% 55% 30% General Accident Motor Takaful & Health
Slide 12: Shareholders' P&L
Shareholders’ P&L Increased Profitability Figures in QAR million +29% 80 +42% 66 58 60 51 +47% 41 43 +5% 40 29 23 22 20 - Wakala Fees Total Revenues Total Expenses Net Income Q1 2024 Q1 2023
Slide 13: Shareholders' EPS
Shareholders’ EPS Higher Earnings Figures in QAR 0.35 +45% 0.3 0.29 0.25 0.2 0.2 0.15 0.1 0.05 0 Basic earning per share Q1 2024 Q1 2023
Slide 14: Balance Sheet
Balance Sheet Building Strength 1,400 Figures in QAR million -2% 1,330 1,306 1,200 1,000 +1% -3% 800 758 748 -1% -0.2% -6% 641 645 665 685 592 593 583 -6% 600 548 498 530 400 +7% 200 166 155 -5% 50 53 - Policyholders' Policyholders' Policyholders' Shareholders' Shareholders' Shareholders' Total Asse
Slide 15: Annual Financial Ratios
Annual Financial Ratios Favorable Financial Ratios Payout Ratio (%) 0.952 72.2% 67% 53% 1 0.60 0.9 0.50 0.8 0.50 0.45 0.676 0.40 0.7 0.40 0.6 0.554 0.5 0.30 0.4 0.3 0.20 0.2 0.10 0.1 0 0.00 Earnings Per Share (QAR) Cash Dividend Per Share (QAR) 30% 35% 26.20% 28.95% 25% 30% 20.75% 23.04% 18.38% 25%
Slide 16: End of Presentation
End of Presentation QIIC head office C ring road. R.O.Box 22676, Doha, Qatar Tel (974) 4658 888 Fax (974) 4550 111 E-mail qlic@qatar.net.qa Website www.qiic.com.qa ee oe oli Yayo Md! Islamic Insurance
Qatar Islamic Insurance Group — Q1 2024 Earnings Presentation on 6ix