Qlm Life & Medical Insurance Company Qpsc — Q4 2023 Earnings Presentation

5 slides from Qlm Life & Medical Insurance Company Qpsc's earnings presentation, Feb 19, 2024

Slide 1: Investor Call Presentation
Investor Call Presentation 19th February 2024 at 1:00 pm Doha QLM Life & Medical Insurance Company QPSC
Slide 2: QLM – Key highlights
QLM – Key highlights ▪ Qatar’s leader in group life and medical insurance, with a dominant market share and strong Qatar’s leading brand value in Qatar and the region 1 medical and life insurance company ▪ Demonstrated history of providing accessible, high-quality medical and life insurance products
Slide 3: Premium and profitability overview
Premium and profitability overview Insurance revenue (QAR’million) Solvency Position (in %) Profit for the period (QAR’million) Net insurance result (QAR’million) 3
Slide 4: Balance Sheet as at 31st December 2023
Balance Sheet as at 31st December’2023 31-Dec 31-Dec 01-Jan 2023 2022 2022 (Restated) (Restated) QR (‘000) QR (‘000) QR (‘000) ASSETS Bank balances and short-term deposits 610,901 574,967 684,416 Financial investments 686,266 774,937 681,659 Reinsurance contract assets 45,431 38,094 37,672 Other rec
Slide 5: Statement of Profit or Loss for the year ended 31st Dec. 2023
Statement of Profit or Loss for the year ended – 31st Dec.’2023 For the year ended 31-Dec 31-Dec 2023 2022 (Restated) QR (‘000) QR (‘000) Insurance revenue 1,123,639 1,212,495 Insurance service expense (1,040,862) (1,140,154) Net (expenses)/income from reinsurance contracts held (38,622) (20,083) IN