Qatar Islamic Insurance Group · QSE:QISI
Qatar Islamic Insurance — H1 2024 Earnings Presentation
20 slides from Qatar Islamic Insurance's earnings presentation, Aug 1, 2024
Slide 1: Investors' Presentation
““Y QATAR ISLAMIC INSURANCE GROUP Presentation 1st half year 2024 Ney
Slide 2: About Us
EST Since inception in 1995, QIIG has grown steadily to become a leading Takaful insurance company in Qatar and the world. Combining adherence to the principles of Islamic Sharia with innovative and dynamic management, we have continually upgraded our operations, and now lead the field in introducin
Slide 3: Facts at a Glance
ool Y Aye LX! Islamic Insurance wt! + With a humble beginning in 1995, QIIG is now listed on Qatar Stock Exchange and is among the leading insurance companies in State of Qatar providing insurance protection to large commercial undertakings, both in the private and public sectors, that include gover
Slide 4: Our Mission and Vision
To maximize policyholder and shareholder value by providing diverse and innovative Takaful products and services by optimizing the use of resources through competent and caring personnel. To be the world’s premier Takaful insurance company by building on our reputation as a leader in product innovat
Slide 5: Our Board Of Directors
eat Veco Islamic Insurance Our Board Of Directors 9 , Jamal Abdullah Al Jamal Chairman = za r Abdul Rahman Al-Abdul Ghani g Rashed Nasser Al-Kabi e Mohd A/Karim Al Meer Deputy Chairman Board Member Board Member Sheikh Abdulla Bin Khalid Bin Thani Al Thani Board Member Sheikh Turki Bin Khalid Bin Tha
Slide 6: Our Sharia Supervisory Board
Our Sharia Supervisory Board 5
Slide 7: Our Management Team
Our Management Team Director 6
Slide 8: Workable Takaful Model
Workable Takaful Model SHARE H O L D E R S’ FUND Share Holder Mudaraba Fee on Management Wakalah Investment PHF’s Investment Expense of Profit/Loss Fee Income Income the Company Takaful Operator Investment by the Company Policyholder Operational Cost Investment Claims & Surplus of Takaful / Income R
Slide 9: Our Products
INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE INSURANCE ey
Slide 10: Our Products
el Yao Ll Islamic Insurance Corporate Insurance 6a MOTOR Se GENERAL ACCIDENT (S) ENERGY MARINE CARGO dy FIRE & PROPERTY MARINE HULL GROUP LIFE CORPORATE LIABILITY GROUP MEDICAL e lix ENGINEERING
Slide 11: Awards & Recognition
aol Y Ape 3! Islamic Insurance Awards & Recognition 2014 2017 2018 2019 General Takaful Company of the year and Family Takaful Company of the year Awards at the ist Middle East Insurance Industry Awards — 2014 United Arab Emirates Takaful CEO of the Year Award in 2016 during the 10th International T
Slide 12: Strong Reinsurance Partners
Strong Reinsurance Partners 11
Slide 13: Leading Related Companies
Leading Related Companies 12
Slide 14: H1 2024 Policyholders' P&L
Financial Performance Review H1 2024 Policyholders’ P&L Strong Revenue Growth 350 324 +15% 300 282 +39% 250 235 200 169 150 +33% 116 100 87 +100% 50 17 (1) - Gross Contributions Total Takaful Revenues Total Takaful Expenses Surplus/(Deficit) (50) H1 2024 H1 2023 15
Slide 15: Portfolio Mix
Financial Performance Review Portfolio Mix Right Balance General Accident, 19% Takaful & General Accident Health, 54% Motor 27% , Motor Takaful & Health 16
Slide 16: H1 2024 Shareholders' P&L
Financial Performance Review H1 2024 Shareholders’ P&L Increased Profitability Figures in QAR million 140 123 120 98 102 100 83 79 80 64 60 44 38 40 20 - Wakala Income Total Revenues Total Expenses Net Income H1 2024 H1 2023 17
Slide 17: H1 2024 Shareholders' EPS
Financial Performance Review H1 2024 Shareholders’ EPS Higher Earnings +23% 0.6 0.5 0.4 0.3 0.53 0.43 0.2 0.1 0 Basic earning per share H1 2024 H1 2023 Figures in QAR 18
Slide 18: Balance Sheet as at 30 June 2024
Financial Performance Review Balance Sheet As 30 June 2024 Building Strength +9% 1,600 1,450 1,400 1,330 +15% 1,200 1,000 860 +17% Figures in QAR million +16% +2% 800 748 695 +1% +1% 751 645 699685 600 593 590583 534530 400 +6% 200 165155 +6% 56 53 - 30-06-2024 31-12-2023 Policyholders' Assets Polic
Slide 19: Favorable Financial Ratios
Financial Performance Review Portfolio Mix 1 0.952 0.60 0.9 0.50 0.8 0.50 0.45 0.7 0.676 0.40 0.40 0.6 0.554 0.5 0.30 0.4 0.3 0.20 0.2 0.10 0.1 0 Earnings Per Share (QAR) 0.00 35% Cash Dividend Per Share (QAR) 30% 28.95% 30% 26.20% 25% 23.04% 25% 20.46% 20% 20.75% 20% 18.38% 15% 15% 10% 5% 10% 0% 5%
Slide 20: Connect with us
Connect with us www.qiic.com.qa
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