Tuesday, 24 November 2009 | 18:43 UAE time
COMPANIES
Qatar Insurance Company - Qatar
- 0.00 Last
- 0.00 (%) Today's Change
- 0 Volume
- 33.20-70.90 52 Week Range
- -53.14 (-100.00%) 52 Week Change
COMPANY DESCRIPTION
Qatar Insurance was conceived and founded by the Emiri Decree, on 11 March 1964. The currency of Qatar at that time was the Indian Rupee and QIC's paid up capital was Indian Rupees 1.5 million.In view of the importance placed by the government on the establishment of the first domestic insurance company they participated to the extent of 12%, a share that they retain to this day.
QIC was awarded an A- rating by Standard and Poor's in 2003.
KEY INFORMATION
Industry
Insurance Companies
Address
West Bay, 666, Doha, Qatar
T
974 4962222
F
974 4831569
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 1964 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Qatar National Bank - Qatar | companies | 4.8 | Qatar |
| Commercialbank | companies | 2.7 | Qatar |
| Qatar Navigation | companies | 1.3 | Qatar |
| Government of Qatar | companies | Qatar | |
| Brooq Trading Company | companies | Qatar | |
| Jaidah Motors and Trading Company | companies | 1.59 | Qatar |
PORTFOLIO
| Name | Country |
|---|---|
| Commercialbank | Qatar |
| Doha Bank | Qatar |
| Al Jazeera Islamic Company | Qatar |
| Arqaam Capital | UAE |
| Kuwait Qatar Insurance Company | Kuwait |
| Oman Qatar Insurance Company | Oman |
| Qatar Electricity and Water Company | Qatar |
| Qatar Insurance Company International | Qatar |
| Qatar Insurance Company - UAE | UAE |
| Qatar National Cement Company | Qatar |
| United Development Company | Qatar |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Khaled Bin Mohammed Bin Ali Al Thani | Chairman |
| Abdullah Bin Khalifa Al Attiyah | Vice Chairman |
| Ibrahim Abdullah Al Mahmoud | Board Member |
| Saud Bin Khaled Bin Hamad Al Thani | Board Member |
| Khalaf Ahmad Al Mannai | Board Member |
| Tarek Marzouk Al Shamlan | Board Member |
| Jassem Mohammed Al Jaidah | Board Member |
| Hamad Bin Faisal Bin Thani Al Thani | Board Member |
| Hussein Ibrahim Al Fardan | Board Member |
| Jassim Bin Hamad Bin Jassim Bin Jabor Al Thani | Board Member |
| MANAGEMENT | Position |
| Khalifa Abdullah Turki Al Subaie | President and Chief Executive Officer |
| Sunil Talwar | Deputy Chief Executive Officer and Chief Financial Officer |
| Ali Al Mannai | Deputy Chief Executive Officer and Chief Administration Officer |
| Ian Sangster | Deputy Chief Executive Officer - International Operations |
| P. E. Alexander | Deputy Chief Executive Officer - Underwriting |
| Ali Saleh Al Fadala | Deputy Chief Executive Officer - Technical |
| Dermot P. Dick | Deputy Chief Executive Officer - International Underwriting |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
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- Internal Audit Manager, Abu Dhabi, UAE
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Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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