Shareholders approve 11% cash dividend distribution for FY2025
Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, held its Annual General Assembly (AGM) and Extraordinary General Assembly (EGM) meetings on Thursday, 12 March 2026, virtually via Microsoft Teams. The meetings were chaired by His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani, Chairman of the Board of Directors of Qatar Insurance, and were attended and participated in by members of the Board, executive management, shareholders, and representatives of regulatory authorities.
During the AGM, shareholders reviewed and approved the Board of Directors’ report on the Company’s activities and financial position for the financial year ended 31 December 2025, as well as the Company’s future strategic plans. The Assembly also approved the company’s consolidated financial statements for 2025, including the balance sheet and profit and loss account, following the presentation of the external auditors’ report.
Qatar Insurance delivered strong financial results in 2025, with net profit before Pillar Two taxes reaching QAR 874 million, a 19% year-on-year increase. Net profit attributable to shareholders amounted to QAR 791 million, while Gross Written Premiums reached QAR 9.9 billion. The company reported an Insurance Service Result of QAR 506 million, and investment and other income totaled QAR 993 million. Earnings per share increased to QAR 0.188 from QAR 0.171 in 2024.
His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani, Chairman of the Board of Directors, said:“The 2025 results reflect the Company’s strong financial position and the success of its strategy in achieving sustainable growth despite global economic challenges. Qatar Insurance continues to strengthen its presence in key markets while maintaining a balanced and diversified portfolio, supporting the creation of long-term shareholder value.”
Salem Al Mannai, QIC Group CEO, said:“These results underscore the Group’s continued progress in executing its strategy across domestic, regional, and international markets. We remain focused on innovation, digital transformation, and enhancing customer experience to support the Company’s future growth opportunities.”
The AGM approved the distribution of a cash dividend of 11% of the nominal value per share, equivalent to QAR 0.11 per share, for the financial year ended 31 December 2025. The Company confirmed that the approved dividend will be transferred to Edaa for distribution to eligible shareholders and invited shareholders to contact Edaa for any clarifications regarding the dividend distribution.
Shareholders also approved all transactions with related parties carried out by the Company during the financial year 2025. The Assembly approved the Corporate Governance Report for 2025 and reviewed and approved both the Remuneration Policy and the Related Party Policy for 2026.
The AGM approved the discharge of the members of the Board of Directors from liability for the financial year 2025 and endorsed the remuneration allocated to each Board member for the same year, subject to Qatar Central Bank approval. Shareholders also approved the appointment of the company’s external auditors for the financial year 2026 and their corresponding fees.
Shareholders were briefed on the Company’s progress in digital innovation and product development. In 2025, QIC continued to enhance its digital ecosystem through improvements to the QIC App, including the ability for customers to obtain on-the-spot car insurance for vehicles that pass inspection at Company inspection centers or via the mobile application. The Company also introduced the “Events” feature to browse and purchase tickets for sporting, cultural, and entertainment events in Qatar, while expanding redemption options through its Coins loyalty program via partnerships with leading brands.
QIC also launched two new personal lines products in 2025: Qatar’s first school fees protection insurance and personal cyber insurance, strengthening its consumer offering and supporting its digital-first strategy.
In its role in advancing innovation and industry dialogue in the region, QIC hosted the fourth MENA InsurTech Summit and the inaugural MENA FinTech Summit in Doha in 2025, with more than 1,500 participants, including industry leaders, innovators, and policymakers, discussing the impact of AI and emerging technologies on the insurance and financial services sectors.
Shareholders approved the election of the Board of Directors for a three-year term. His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani was confirmed as a Board member, on behalf of the General Authority for Retirement and Social Insurance (Civil Pension Fund).
Shareholders acknowledged one vacant independent Board seat and authorized the Chairman to take the necessary actions to fill the position in accordance with applicable legislation.
Following the AGM, the EGM approved amendments to the Company’s Articles of Association to ensure compliance with the Corporate Governance System for Listed Companies issued by the Qatar Financial Markets Authority Board (Resolution No. 5 of 2025) and all related laws and regulations, subject to Qatar Central Bank approval. The EGM also authorized the Chairman or his Deputy to individually sign all documents necessary to implement the approved amendments.
Following the confirmation of the Board members, the Board elected His Excellency Sheikh Hamad bin Faisal bin Thani Jassim Al Thani as Chairman and Mr. Abdulrahman Issa Al Mannai as Vice Chairman for the new term.
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