Qatar Islamic Insurance Group · QSE:QISI
Qatar Islamic Insurance — 9M 2023 Earnings Presentation
16 slides from Qatar Islamic Insurance's earnings presentation, November 2023
Slide 1: Investors' Presentation 9M 2023
QATAR ISLAMIC INSURANCE GROUP Investors’ Presentation 9M 2023
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 Management Ali Ibrahim AlAbdulghani Group President Ashraf Siddiqui Yasser Al Amly Abbas Al-Rayes Nisamudheen S.A. Salih Fathalla Najeeb Haneefa Exec. Manager Risk Group CFO CTO-Motor/GP’s CTO-Non Motor A/Exec. Manager Management Exec. Manager IT Consultant HR and Admin. Moham
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 9M 2023
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Slide 10: Policyholders' P&L
Policyholders’ P&L Strong Revenue Growth Figures in QAR million +14% 500 415 400 364 +15% 300 261 226 200 150 +95% -134% 100 77 46 - (16) (100) Gross Total Takaful Takaful Expenses Surplus/(Deficit) Contributions Revenues 9M 2023 9M 2022
Slide 11: Portfolio Mix
Portfolio Mix Right Balance 23% 46% 31% General Accident Motor Takaful & Health
Slide 12: Shareholders' P&L
Shareholders’ P&L Increased Profitability Figures in QAR million +29% 200 +27% 156 150 127 121 +29% 100 +29% 103 100 80 53 50 41 - Wakala Fees Total Revenues Total Expenses Net Income 9M 2023 9M 2022
Slide 13: Shareholders' EPS
Shareholders’ EPS Higher Earnings Figures in QAR 0.8 +30% 0.69 0.7 0.6 0.53 0.5 0.4 0.3 0.2 0.1 0 Basic earning per share 9M 2023 9M 2022
Slide 14: Balance Sheet
Balance Sheet Building Strength 1,600 Figures in QAR million +3% 1,400 1,342 1,306 1,200 +1% 1,000 805 799 +7% -1% 800 +8% 665 677 683 618 572 +6% +7% 623 600 537 507 490 456 400 -17% 226 187 200 -8% 47 51 - Policyholders' Policyholders' Policyholders' Shareholders' Shareholders' Shareholders' Total
Slide 15: Annual Financial Ratios
Annual Financial Ratios Favorable Financial Ratios FY22 FY21 FY20 1.0 Payout Ratio (%) 1.0 66.68% 72.2% 65% 0.8 0.8 0.674 0.6 0.554 0.6 0.50 0.450 0.400 0.4 0.4 0.325 0.2 0.2 - - Earnings Per Share (QAR) Cash Dividend per Share (QAR) 25 25 20.7 18.3 23.04 17.7 23 20 15 21 20.40 19.70 10 19 5 17 - 15
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
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