Qlm Life & Medical Insurance Company Qpsc — FY2024 Earnings Presentation

5 slides from Qlm Life & Medical Insurance Company Qpsc's earnings presentation, Feb 6, 2025

Slide 1: Investor Call Presentation
Investor Call Presentation 6th February 2025 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 2024
Balance Sheet as at 31st December’2024 31-Dec 31-Dec 2024 2023 (Reviewed) (Audited) QR (‘000) QR (‘000) ASSETS Bank balances and short-term deposits 602,614 610,901 Financial investments 749,283 686,266 Reinsurance contract assets 59,147 45,431 Other receivables 24,960 51,468 Property and equipment
Slide 5: Statement of Profit or Loss for the year ended 31st December 2024
Statement of Profit or Loss for the year ended – 31st December’2024 For the year ended 31-Dec 31-Dec 2024 2023 (Reviewed) (Reviewed) QR (‘000) QR (‘000) Insurance revenue 1,222,992 1,123,639 Insurance service expense (1,159,774) (1,040,862) Net (expenses)/income from reinsurance contracts held (34,9