Qatar Insurance Co. · QSE:QATI
Qatar Insurance — Investor Presentation (2026)
23 slides from Qatar Insurance's investor presentation, 2026
Slide 1: Investor Presentation
Investor Presentation Qic
Slide 2: Overview and Key Highlights
01 Overview and Key Highlights
Slide 3: QIC Group Overview
QIC Group Overview Group Overview Financial Highlights • Founded in 1964, QIC was the first domestic insurance company in Qatar QAR million 2023 2024 2025 Insurance Revenue 10,089 8,600 8,861 • Listed on the Qatar Stock Exchange since 1997 with a market cap. of QAR 6.7 billion1 Insurance Service Res
Slide 4: Key milestones
Key milestones 1964 1968 2002 2004 2009 2011 • QIC established • Dubai Branch • Abu Dhabi Branch • KQIC (Kuwait) and OQIC • Antares Re • Q-Life & Medical established established (Oman) established established established 2014 2015 2017 2018 2019 • QIC Europe Ltd • Antares Re re-domiciled • Antares R
Slide 5: Global Presence
Global Presence Qatar Dubai & Abu Dhabi Oman Kuwait ❖ QIC Group’s HQ and domestic ❖ QIC direct insurance operations (UAE) ❖ Oman Qatar Insurance Company ❖ Kuwait Qatar Insurance Company operations ❖ QIC Asset Management ❖ Anoud Technologies LLC Bermuda Malta Singapore Gibraltar London ❖ Antares Re H
Slide 6: Broad Spectrum of Capabilities
Broad Spectrum of Capabilities QIC GROUP WELL DIVERSIFIED MULTI-PILLAR BUSINESS SET-UP QIC Direct Antares QIC - MENA Antares Re QIC Asset Anoud Insurance Lloyd’s Life & Medical Reinsurance Management Technologies Personal Lines Insurance • Group Life • Agriculture Investment End-to-end • Credit Life
Slide 7: Dominant position in the MENA Region
Dominant position in the MENA Region Regional comparison (H1 2025) in USD million 7,075 Total Assets 5,680 4,480 2,994 2,800 1,549 QIC Tawuniya Bupa Adnic Sukoon Insurance Qatar General Total Equity 2,507 1,398 1,323 967 956 855 QIC Bupa Tawuniya Qatar General Adnic Oman Insurance Market leading ins
Slide 8: Key Highlights
Key Highlights Solid Regional ● Steadily evolved from a domestic player to a regional player with a global presence Platform ● Largest insurance platform in MENA with strong footprint in GCC region and operations in 11 countries globally Well Diversified Direct insurance Lloyd’s insurance Reinsuranc
Slide 9: Financial Performance
02 Financial Performance
Slide 10: Reorganizing Insurance Portfolio with Focus on Profitability
Reorganizing Insurance Portfolio with Focus on Profitability Revising Geographical Split (GWP %) 2022 2023 2024 2025 36% 21% 43% 11% 74% 41% 10,824 9,366 9,143 9,954 QAR mn 17% QAR mn 16% QAR mn QAR mn 15% 62% 48% 16% International Qatar GCC ex Qatar Gross Written Premium – Optimizing Lines of Busin
Slide 11: Financial Performance (IFRS 17)
Financial Performance (IFRS 17) Insurance Revenue in QAR Millions Insurance Service Result in QAR Millions 10,089 514 506 8,600 8,861 300 2023 2024 2025 2023 2024 2025 Insurance Service Result by region in QAR Millions 2025 2024 514 506 263 338 251 168 GCC International Total GCC International Total
Slide 12: Financial Performance – Key Metrics
Financial Performance – Key Metrics Combined Ratio as per IFRS 4 Return on Equity (before Pillar II Tax) 98.7% 75% 58% 59% 97.0% 95.8% 6.4% 7.7% 7.4% 16.9% 18.6% 18.6% 10% 9% 75.4% 8% 70.7% 69.8% 2023 2024 2025 2023 2024 2025 Loss ratio Acquistion ratio Expense ratio X% : Combined ratio X% : Dividen
Slide 13: Investments
03 Investments
Slide 14: Stable Investment Portfolio & Yields
Stable Investment Portfolio & Yields Investment Portfolio (QAR Mn) & Composition Investment income (QAR Mn) & Portfolio Yields 1300. 5.0% 5.0% 5.1% 20.0% 18,941 941 922 937 17,918 18,628 975. -35.0% 3% 5% 5% 6% 5% 6% 650. -90.0% 12% 13% 13% 325. -145.0% 20% 14% 0. -200.0% 17% 2023 2024 2025 Investme
Slide 15: Investment Portfolio Details
Investment Portfolio Details Fixed income: Fixed income - Fixed income - Rating Geographic mix Mix by sector 7.2% 4.2% 3.1% 11.1% 15.9% 4.8% Financial 35.7% 1.6% America (exc. 3.4% 23.4% LATAM) 1.6% MENA Government A- & Above 2.8% 16.0% BBB- to BBB+ Europe Exploration & Production Below BBB- Asia in
Slide 16: Solvency Position and Capital Strategy
04 Solvency Position and Capital Strategy
Slide 17: Strong Capital Base & Ratios
Strong Capital Base & Ratios Total Equity in QAR Millions Solvency Ratio – Qatar Central Bank (QCB) 8,767 9,003 10,229 2,521 2,521 3,247 As per QCB 2023 2024 2025 6,246 6,482 6,982 Eligible Capital (QAR Mn) 7,449 7,996 9,185 2023 2024 2025 Shareholders equity Tier 2 capital - Subordinated perpetual
Slide 18: Balance Sheet Strength Underpinned by Strong Access to Capital
Balance Sheet Strength Underpinned by Strong Access to Capital Balance Sheet Strength Total Equity in QAR Millions Equity and Debt Capital Market Track Record 8,767 9,003 10,229 2025 Tier-2 Issue Refinanced 2020 Tier-2 issue with US$ 500m raise 2,521 2,521 3,247 6,246 6,482 6,982 2022 Tier-2 Issue R
Slide 19: Thank you!
Thank you! aic
Slide 20: Appendix
Appendix
Slide 21: QIC Group Reported Financials – Income statement
QIC Group Reported Financials – Income statement Amount in QAR Mn FY 2023 FY 2024 FY 2025 Insurance Revenue 10,089 8,600 8,861 Insurance and Reinsurance expenses (9,789) (8,086) (8,355) Insurance Service Results 300 514 506 Net insurance finance results from insurance and reinsurance contracts (279)
Slide 22: QIC Group Reported Financials – Balance sheet
QIC Group Reported Financials – Balance sheet (QAR Mn) as at Dec 2023 Dec 2024 Dec 2025 Assets: Cash and cash equivalents 5,888 4,778 4,475 Reinsurance contract assets 6,227 4,926 4,022 Insurance contract assets 105 106 80 Other receivables 259 391 322 Investments 14,953 15,035 15,034 Investment pro
Slide 23: ESG Initiatives to Lead the Space in the MENA Region
ESG Initiatives to Lead the Space in the MENA Region ESG – Purpose and backdrop QIC is an environmentally and socially responsible Achieving ESG goals and metrics significantly QIC has committed to supporting the formal commitment by the citizen, and creates value for its shareholders, improves the
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