Qatar Islamic Insurance Group · QSE:QISI
Qatar Islamic Insurance — H1 2023 Earnings Presentation
16 slides from Qatar Islamic Insurance's earnings presentation, Aug 1, 2023
Slide 1: Qatar Islamic Insurance Group Investors' Presentation H1 2023
QATAR ISLAMIC INSURANCE GROUP Investors’ Presentation H1 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 Asad Al Sheikh Abdulla Bin Khalid Al-Abdul Ghani Bin Nasser AL Thani Emadi Bin Thani Al Thani Dy. Chairman Jamal Abdulla Ahmad Al Jamal Chairman Sheikh Turki Bin Sheikh Thani Bin Abdulla Sheikh Mohd Bin Thani Rashed Nasser
Slide 5: Dignified Sharia Board
Dignified Sharia Board Sharia Board •Sheikh Dr. Walid bin Hadi (Head of the sharia supervisory board) • Skeikh AbdulAziz Khalifa AlQassar (Member) • Sheikh Dr. Mohamed Ahmaine (Member) .
Slide 6: Experienced Management
Experienced Management Management Group President Exec. Manager Risk CFO CTO-Motor/GP’s A/Exec. Management & CTO-Non Motor Exec. Manager Consultant Manager HR Energy IT and Admin. MLRO/Exec. Manager Exec. Manager Exec. Manager Exec. Manager Manager Compliance Motor U/W & Claims General Insurance Gen
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 H1 2023
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Slide 10: Policyholders' P&L
Policyholders’ P&L Strong Revenue Growth Figures in QAR million +13% 300 282 250 250 +11% 200 169 152 150 +123% -100% 100 87 39 40 50 - (50) Gross Total Takaful (1) Takaful Expenses Surplus/(Deficit) Contributions Revenues H1 2023 H1 2022
Slide 11: Portfolio Mix
Portfolio Mix Right Balance 21% 44% 35% General Accident Motor Takaful & Health
Slide 12: Shareholders' P&L
Shareholders’ P&L Increased Profitability Figures in QAR million +23% 120 102 +20% 100 83 83 +21% 80 69 64 +27% 53 60 38 40 30 20 - Wakala Fees Total Revenues Total Expenses Net Income H1 2023 H1 2022
Slide 13: Shareholders' EPS
Shareholders’ EPS Higher Earnings Figures in QAR 0.5 +23% 0.45 0.43 0.4 0.35 0.35 0.3 0.25 0.2 0.15 0.1 0.05 0 Basic earning per share H1 2023 H1 2022
Slide 14: Balance Sheet
Balance Sheet Building Strength 1,600 Figures in QAR million +2% 1,400 1,338 1,306 1,200 +5% 1,000 842 +10% 799 -4% 800 +12% 683 638 655 683 572 -2% -1% 623 600 496 507 451 456 400 -10% 204 226 200 -12% 45 51 - Policyholders' Policyholders' Policyholders' Shareholders' Shareholders' Shareholders' To
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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