|Market: Qatar||Symbol: QGRI||ISIN: QA0006929820||Industry: Insurance|
|Number of Shares (mil)||88|
|Market Cap (mil)||4,195.95|
Qatar General Insurance and Reinsurance Company, QGIRCO, is a Qatari National Company that has served the insurance and reinsurance needs of individuals and businesses since 1979.
QGIRCO has set a clear and fundamental purpose to its business since its establishment by tailoring our coverage and services, deliver innovative efficient ways to prevent or reduce losses and to effectively manage them when they occur. Our devotion to work and our commitment to our values will always remain our guiding light in the future.
As a new era is approaching, we are confident that our Company will face the challenges and meet the expectations of our customers, through knowledge, trust and innovation.
|Consolidated Statement of Profit or Loss (QAR’000)|
|Gross written premiums||627,256||629,949||566,971|
|Net earned premiums||187,161||203,661||183,274|
|Profit for the year||925,804||258,254||260,913|
|Profit attributable to equity holders of the parent||925,709||219,341||307,381|
|Consolidated Statement of Financial Position (QAR’000)|
Equity attributable to equity holders of the Parent
Consolidated Statement of Cash Flows (QAR’000)
|Net cash flows (used in) from operating activities||183,248||222,652||124,193|
|Net cash flows (used in) from investing activities||(183,646)||(78,909)||(236,533)|
|Net cash flows (used in) from financing activities||(273,919)||(72,417)||71,820|
|Cash and cash equivalents at 31 December||229,250||300,576||260,056|
|Key indicators (QAR)|
|Earnings per share||10.58||2.51||3.51|
|Dividend per share||1.50||1.50||2.20|