Qatar Insurance

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Qatar Insurance Co 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 Rupes 1,500,000.

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.

Khalid Bin Mohammed Bin Ali Al-Thani is the director and chairman of Qatar Insurance Co.